Leading altcoins like $ETH Ethereum and Solana $SOL reacted to the inflation data in the US more strongly than the first$BTC cryptocurrency. This was noted by The Block.

According to the BLS, inflation in the US accelerated in June. The Consumer Price Index (CPI) rose to 2.7%.

On the CPI news, the first cryptocurrency reacted modestly — the price of Bitcoin increased by only 2% over the last 24 hours, approaching $119,300. At the same time, the price of Ethereum jumped by 7.9% to $3,238, while Solana increased by 5.4% to $167, according to CoinGecko.