Crypto Maxx
--
📊 The decline in US inflation gives the markets a strong boost and Ethereum takes off!🚀
Annual inflation data in the United States came in at only 2.0%, lower than the expected 2.8%, while core inflation (Core CPI) rose by 3.1% year-on-year compared to the expected 3.0%.
This slight drop from expectations has boosted risk appetite in the markets, and Ethereum ($ETH) has successfully broken through an important resistance area at $4,350 to now trade above $4,400.
This slight drop from expectations has boosted risk appetite in the markets, and Ethereum ($ETH) has successfully broken through an important resistance area at $4,350 to now trade above $4,400.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.