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Crypto Market Rises as Inflation Drops

  • The crypto market made a strong comeback in a recovery following lower than expected U.S. inflation readings that eased investors’ worries.
  • Bitcoin crossed the $84,000 barrier, and XRP topped $2.25, with a 2.6% increase in global market capitalization to $2.76 trillion.
  • XRP increased by 6% as legal clarity improved. The SEC will close the case against Ripple, with final negotiations underway.
  • With cooling inflation, the sentiment remains bullish in the markets, but there's plenty of volatility.

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