#CreatorPad 🚀 Bitcoin Holds Above $59K – Market Eyes CPI Data
Bitcoin ($BTC) is consolidating above the $59,000 mark as traders await U.S. CPI data, which could influence Federal Reserve interest rate decisions. A lower inflation reading may boost risk assets, including crypto, while a higher figure could trigger a short-term sell-off. Ethereum ($ETH) is trading steady near $2,700, with altcoins showing mixed movement. Market sentiment remains cautious but optimistic, as on-chain data suggests strong accumulation by whales. Analysts warn of possible volatility spikes in the next 48 hours. Risk management is key.
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