Cryptocurrency prices rose in the last few hours of trading on Wednesday, following Monday’s decline with Bitcoin (BTC) rising to $97,000 on Tuesday as traders await the final batch of US inflation data due today. This comes in conjunction with the correlation between Bitcoin’s performance and the US technology stock index rising to its highest levels in the past two years, indicating that the stock market’s reaction to the US inflation data expected today, Wednesday, may play a major role in determining the direction of cryptocurrencies.