The Latest on Bitcoin and Cryptocurrencies Before US Inflation Data - Coin Bulletin

Bitcoin (BTC) is trading around $82,000 levels ahead of today's release of U.S. inflation data, with markets focused on the upcoming data at 15:30 Turkish time.

The U.S. Consumer Price Index, which is crucial for the cryptocurrency markets, will be announced today. In February, U.S. inflation was reported at 3% above expectations. Market expectation for March is at 2.9% level. If the data comes in above or below expectations, there could be sharp movements in Bitcoin and other cryptocurrency prices.

According to CoinMarketCap data, Bitcoin is trading at $82,675 with a 1.1% increase in the last 24 hours. The total market value of Bitcoin is at $1.63 trillion. Ethereum price fell slightly to $1,914 during the same period.

Current Situation in ( Popular Altcoins

The current situation in other popular cryptocurrencies in the top 10 is as follows:

• XRP )XRP(, up 2.2% to $2.19
• BNB )BNB(, up by 1.6% to $559.39
• Solana )SOL###, up 0.9% to $125.51
• Cardano (ADA) gained 1.4% to $0.738
• Dogecoin (DOGE), rose to $0.168, up 4.3%.

The total value of the cryptocurrency market is currently estimated at approximately $2.77 trillion. Today at 15:30, the inflation data to be released could directly impact the short-term price movements of Bitcoin (BTC) and altcoins.