It was another week of fairly stable prices for leading cryptocurrencies. Bitcoin (BTC) grew 3% over the seven days and started Saturday trading at $26,564, while Ethereum (ETH) remains more or less at the same price it was seven days ago at $1,636. 

​​

Ethereum’s growth may have been hobbled by reports that its supply recently turned inflationary (meaning more Ether is issued than burned) in one of few such periods since the Merge in September 2022. Last week, Ethereum’s supply increased by 4,092 ETH tokens worth around $6.6 million, per Ultrasound.money data.

The leading cryptocurrencies traded sideways all week, even after the U.S. Bureau of Labor Statistics’ (BLS) latest Consumer Price Index (CPI) on Wednesday revealed that inflation had risen a fraction above economists’ projections
Go to Source to See Full Article
Author: Tim Hakki

Did you like this?
Tip BTC Newswire with Cryptocurrency

• Bitcoin
• Bitcoin Cash
• Ethereum
• Litecoin
• Monero
• ZCash

Donate Bitcoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Bitcoin Cash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send bitcoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Ethereum to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Ether:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Litecoin to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Litecoin:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate Monero to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some Monero:

Donate via Installed Wallet Copy

[X] Click Here to Hide Donation Details

Donate ZCash to BTC Newswire

Scan the QR code or copy the address below into your wallet to send some ZCash:

Copy ZCash Address

[X] Click Here to Hide Donation Details