These Are the Top 3 Cryptos To Watch After the Inflation Report
The CPI report was out on Thursday showing inflation at 8.2% in the U.S and is down 0.4% since last month. The markets magically turned green after the report as Bitcoin and Ethereum jumped more than 5% in the day’s trade. Leading crypto exchanges saw a dramatic spike in trading volume with triple-digits percentages in the last 24 hours. Decentralized exchanges also received millions worth of inflows into cryptos as investors are chasing the short-term pumps to salvage their losses. The markets have experienced a sudden spike and could remain in the green on Friday and early Saturday. Investors need to time the markets well to generate short-term profits. Also Read: 75% of Young Americans are Pro Crypto for Wealth Generation: Survey Top 3 Cryptos To Watch Out For After The Inflation Report 1. Bitcoin (BTC) Source: Unsplash Bitcoin jumped from $18,317 to $19,880 in less than 24 hours on Thursday after the CPI inflation data was out. BTC spiked $1,563 in a day generatin...