The biggest crypto currency Bitcoin (BTC) $82,521.86due to the sales raid for days to 76 thousand dollars due to withdrawal again after the balance of over 80 thousand dollars managed to find balance. The recovery in Bitcoin also brought the rise in Altcoins. Bitcoin and altcoinThe upward mobility in the ‘s total market value increased by 0.91 percent in the last 24 hours to 2.64 trillion dollars. While giving market recovery signals, the highly anticipated US Consumer Price Index (CPI) data was also announced.
Described CPI figures and its effect on crypto money market
In the USA Inflation Data CPI data for February was eagerly awaited as it was the power to determine the short -term trend of the crypto currency market along with global markets. As a matter of fact, those data were recently announced.
The annual CPI data, which is expected to arrive 2.9 percent, came as 2.8 percent. Monthly CPI data is expected to arrive 0.3 percent, while 0.2 percent came. Variable food and energy items are not included in the calculation core CPI 3.2 percent of the annual expected 3.1 percent, 0.3 percent in the monthly, 0.2 percent was announced.
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Latest situation in Bitcoin and Altcoins
Experts say that the fact that CPI data is below expectations is positive for Bitcoin and Altcoins, and that the upward mobility in prices can continue.
According to the technical analysis, if Bitcoin continues to remain on the threshold of 82 thousand dollars, the target of 90 thousand dollars may come up again. The 4 -hour price graph shows a positive decomposition of the MACD indicator, while RSI is in the neutral area with 44.37.
The largest subcoin Ethereum (ETH) 
$1,898.70 It has found a balance of 910 dollars. Umanlar warns that ETH will be tested if the support of 800 dollars will be tested if it falls below $ 900. However, it can be seen that the price of $ 2,000 is once again exceeded by the fact that the price remains on the threshold of 900 thousand dollars.
On the other hand XRP And Dogcoin 
$0.16642 Altcoins such as (Doge) attract attention with up to 5 percent rise. While it is seen that there is a tendency to move due to the general market trend throughout the Altcoins, analysts warn against volatility that may occur after CPI data.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
