Ethereum Price Rebounds 3% as CPI Lifts ETH Above $1,900
Ethereum rose 0.2% to $1,884.51 as cooler U.S. inflation data eased expectations for a Federal Reserve rate hike.
- The total crypto market cap dropped 0.2% to $2.26 trillion as of Aug 12, according to CoinGecko data, while Bitcoin fell 0.3% to $63,503.38.
- Consumer Price Index data showed inflation slowing to 3.4% on Aug 12, reducing expectations for a Federal Reserve rate hike and lifting risk appetite across markets.
- Inflows to spot Bitcoin ETFs picked up this month, with the Bitcoin Trust ETF receiving around $50 million in inflows yesterday, signaling institutional buying interest.
- Bitwise Asset Management, which offers crypto products and ETFs, cut 14% of its workforce, reflecting cost pressures within the digital asset sector amid market consolidation.
- Stablecoin growth has slowed significantly, and legislative progress for the crypto industry has stalled, creating structural headwinds that could limit sector expansion in coming months.
12 Articles
12 Articles
Bitcoin is showing weakness in the $63,000 range. Although concerns about further interest rate hikes by the Federal Reserve have eased as U.S. inflation slows, investor sentiment in the cryptocurrency market shows little sign of recovery. According to CoinMarketCap, a global cryptocurrency market data site, at 8:45 a.m. on the 13th, Bitcoin was trading at $63,348.58, down 0.37% from 24 hours ago.
Crypto Market Today, Aug. 12: Bitcoin Slips Despite Cooling Inflation
As of early evening on Aug. 12, Bitcoin (CRYPTO:BTC) fell 0.3% to $63,503.38, Ethereum (CRYPTO:ETH) gained 0.2% to $1,884.51, and Solana (CRYPTO:SOL) fell 0.4% to $75.80. The total crypto market cap dropped by 0.2% to $2.26 trillion.What's driving crypto marketsBitcoin rose above $64,000 in early trading today after U.S. Consumer Price Index data showed inflation slowing to 3.4% as expected, making a Federal Reserve rate hike less likely. Howeve…
Ethereum price rebounds 3% as CPI lifts ETH above $1,900
Ethereum price rebounded from $1,850 to trade above $1,900 on Aug. 12 as softer U.S. inflation data supported risk appetite and buyers returned near a key support zone. Ethereum price action today According to data from crypto.news, Ethereum (ETH) price…
DonAlt Buys Ethereum Near $1,878 Despite Key Resistance Zone Overhead
Crypto trader DonAlt is buying Ethereum right now. Not waiting, not watching — buying, at $1,878, even as the price… Read the original on DonAlt Buys Ethereum Near $1,878 Despite Key Resistance Zone Overhead. For more crypto news and analysis, visit TheCurrencyAnalytics.com.
Bitcoin Flashes Bottom Signals As "Digital Gold" Narrative Returns
Bitcoin is sending two notable signals to the market this week: on-chain data suggests the cryptocurrency may be forming a macro bottom, while its price behavior is increasingly echoing gold’s role as a safe-haven asset. That’s according to two reports from blockchain data firm CryptoQuant, whose analysts pointed to the early stages of a bottoming process for the biggest and oldest cryptocurrency. The price of the largest cryptocurrency recentl…
Gold Surges After July Inflation Cools, But Bitcoin Remains Largely Flat
NoSmokeSport - Sports News & Latest Trending World News NoSmokeSport - Sports News & Latest Trending World News - Better Sport News Gold prices saw a notable rise on Wednesday, August 12, 2026, reaching over $4,435 per ounce, following the release of July’s U.S. Consumer Price Index (CPI) data, which showed inflation cooling to 3.4% annually. In stark contrast, Bitcoin (BTC) remained largely unmoved, fluctuating around the $64,000 mark. This div…
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