The crypto market edges up slightly at night. Bitcoin is currently $77,701, up 0.71% over the past 24 hours; Ethereum is currently $2,564, up 5.21% over the past 24 hours, leading among major coins.
In the news, the latest U.S. CPI data came in hotter than expected, and market attention has shifted to the Federal Reserve’s interest-rate decision next week. U.S. stocks, including the S&P 500 and Nasdaq, rose about 1% on the day, while oil prices fell. Italian’s second-largest bank, UniCredit, reportedly is considering offering crypto asset custody services, and the pace of traditional financial institutions moving in continues.
In the news, the latest U.S. CPI data came in hotter than expected, and market attention has shifted to the Federal Reserve’s interest-rate decision next week. U.S. stocks, including the S&P 500 and Nasdaq, rose about 1% on the day, while oil prices fell. Italian’s second-largest bank, UniCredit, reportedly is considering offering crypto asset custody services, and the pace of traditional financial institutions moving in continues.