Bitcoin slides below 102,400 dollars amid profit booking before inflation data in the United States; Altcoins decreased to 7 %

Bitcoin Other major encrypted currencies circulated less on Tuesday, where traders booked profits after their last levels, while the significant global macroeconomic signs Economic inflation I keep the feelings of feelings careful.

As of 11:27 am, Bitcoin decreased by 1.4 % at 102,393 dollars, while ethereum 1.8 % slipped to $ 2,449.

The global market value of the cryptocurrency has decreased by 1.7 % to 3.28 trillion dollars, with the main altcoins such as BNB, Solana, Dogcoin, Cardano, TON, SUI, Chainlink, Avalanche and Shiba Inu by up to 7 %. XRP, however, won the direction, gained 4.12 % to $ 2.48.

“Bitcoin is trading near $ 102,200 after a recovery from the main support at $ 100,000. Investors have turned into Profit At higher levels such as macroeconomic factors such as the index of promotion of the US -Chinese dollar and the Chinese commercial deal made stocks more attractive. “Patel also pointed out that the institutions remain active buyers, with the accumulation of strategy and metaplanet together more than 14600 BTC-the long-term confidence-eve in the original.

Shekal, CEO of Buyucoin, echoed similar feelings, saying: “Bitcoin has witnessed a slight decrease due to the positions of traders in liquidating reservation. Market participants are now focusing on consumer price index data and producers’ price index data in April, which may affect the expectations of future federal federal reserve decisions.” Patel added: “A third negative surprise on the consumer price index may enhance bitcoin by increasing expectations for price discounts in 2025.” Bitcoin’s market value is now $ 2.035 trillion, with hegemony by 62 %, and its size is 40.3 % to 64.6 billion dollars, according to Coinmarketcap.

Avenash Sheikhd, co-founder and CEO of PI42, said that the broader gathering in Crypto-especially the last Bitcoin height exceeds $ 105,000-“the increasing investor confidence in improving global total economic signals.”

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