The first cryptocurrency traded in the range from $57,000 to $60,000 all week. Bitcoin was weakened by the publication of inflation data in the US.

The values ​​were lower than expected, which caused a short-term growth of the asset, and then a fall below $59,000. The reaction can be explained by the rise in housing rent, which neutralized the positive effect of lower CPI.

Over the past seven days, most of the top 10 assets by capitalization have hardly changed in price. Only Solana (-9.3%) and XRP (-2.9%) have seriously fallen.

At the same time, Glassnode recorded a return to hodling in the Bitcoin market, and 10x Research analysts called the growth of stablecoin emissions one of the factors for the continued growth of the coin.