Mmastodon BusinessCrypto first seen 7 h ago, last 7 h ago, peak #11
Bitcoin and Ether stay range-bound after US inflation data
Original: Crypto Market Analysis: BTC and ETH Technical Outlook Major cryptocurrencies including Bitcoin and Ether remained range-
Bitcoin and Ether remained stuck in narrow trading ranges as investors awaited fresh catalysts following the latest U.S. PCE inflation readings. Analysts note the Federal Reserve's preferred inflation gauge is keeping traders cautious, with both major cryptocurrencies lacking clear directional momentum and technical levels setting near-term boundaries for price action.
Why now: Traders are watching for direction after the latest PCE inflation data left the Federal Reserve's rate outlook uncertain.
Evidence
API: https://socialmediatrends-api.osmike.com/v1/trends/627452