Bitcoin Above $58,000 After CPI Data! 🚀

- Bitcoin, despite the volatility following the latest CPI data from the US, recorded impressive gains, rising above $58,000.

- Altcoins also rose in similar fashion, with BNB and ADA up 5-6% on the day, reaching $540 and $0.35 respectively.

- BTC’s market cap rose to $1.150 trillion, increasing its market dominance to 53.9%.

Altcoins in the Green Zone 🌱

- ETH, SOL, XRP, DOGE, TRX, and SHIB recorded small gains, while NEAR gained 7.5%, KAS gained 5%, FET gained 5%, and STX gained 6%.

- SUI was the best performing token, rising over 15% to $1.

- Total crypto market value increased by $35 billion, approaching $2.140 trillion.