Faster global financial news!
Bitcoin and Ethereum Prices Rise, Market Focuses on Upcoming CPI Report
At 8:00 AM ET on August 12, Bitcoin's price rose to $64,194, and Ethereum's price increased to $1,915.50. Cryptocurrency prices found support after recent employment reports fell short of expectations, and the market widely anticipates today's CPI report to show a slight easing of inflation in July. Analysts believe these factors could prompt the Federal Reserve to scale back its interest rate hike expectations in September, thereby benefiting risk assets like Bitcoin and Ethereum.
No AI analysis yet. Tap the "AI Analysis" button above to generate one now.
Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
24H Trending
-
1
SK Hynix rose 6.78% from its previous close, currently trading at ₩1,213,000.
-
2
SK Hynix rose 8.63% from its previous close, currently trading at ₩1,234,000.
-
3
Is the Crypto Circle Legal in China? An Analysis of Legal Risks for Domestic Participants in Virtual Currency Trading
-
4
How to Choose Among Ten Crypto Exchanges: A Comparison of Features, Custody, and Risk
-
5
What is Ethereum Push Notification Service (Push Protocol)? The Evolution of Web3 Communication Protocols
-
6
Samsung Electronics is up 5% from its previous close, currently trading at ₩199,400.
-
7
Is OKB Worth Holding Long-Term? A Comprehensive Guide to OKB Founders and Ecosystem Mechanisms
-
8
What is the Value of HON? An Analysis of the Heroes of NFT Ecosystem and Token Status
-
9
What is Adamant (ADDY)? An Overview of the Polygon Ecosystem Yield Optimizer and ADDY Token
-
10
WTI crude oil fell 5.7% from its previous close, currently trading at $85.838.
Markets Today
Recommended Reading
Hot Topics
Svmuu focuses on blockchain industry trends and cutting-edge cryptocurrency news, while also covering real-time market data and in-depth analysis of the Hong Kong, U.S., and foreign exchange markets. Here, you can not only access professional 24/7 news updates and accurate market data, but also utilize practical investment tools to help you capitalize on opportunities in both digital assets and traditional financial markets. Whether you are a blockchain enthusiast or an investor in Hong Kong, U.S., or foreign exchange markets, we provide efficient and timely information services to empower your investment decisions.
- User Agreement
- Privacy Policy
- Contact Us
- Business Partnerships
- Disclaimer
- Content Statement
- About Us
- Sitemap
Coming Soon!
