BTC logo
BTC
$108,373.71
1.56%
ETH logo
ETH
$3,890.58
2.86%
USDT logo
USDT
$1.0005
0.03%
BNB logo
BNB
$1,137.82
0.73%
XRP logo
XRP
$2.3622
3.88%
SOL logo
SOL
$188.02
5.79%
USDC logo
USDC
$1.0001
0.01%
TRX logo
TRX
$0.3184
1.14%
DOGE logo
DOGE
$0.1900
3.66%
ADA logo
ADA
$0.6541
4.60%
HYPE logo
HYPE
$37.36
6.04%
LINK logo
LINK
$17.69
4.38%
USDE logo
USDE
$0.9997
0.03%
BCH logo
BCH
$513.46
2.84%
XLM logo
XLM
$0.3170
4.20%
SUI logo
SUI
$2.5936
5.89%
AVAX logo
AVAX
$21.15
5.05%
WBT logo
WBT
$41.30
1.34%
LEO logo
LEO
$9.5853
0.02%
HBAR logo
HBAR
$0.1751
5.58%
BTC logo
BTC
$108,373.71
1.56%
ETH logo
ETH
$3,890.58
2.86%
USDT logo
USDT
$1.0005
0.03%
BNB logo
BNB
$1,137.82
0.73%
XRP logo
XRP
$2.3622
3.88%
SOL logo
SOL
$188.02
5.79%
USDC logo
USDC
$1.0001
0.01%
TRX logo
TRX
$0.3184
1.14%
DOGE logo
DOGE
$0.1900
3.66%
ADA logo
ADA
$0.6541
4.60%
HYPE logo
HYPE
$37.36
6.04%
LINK logo
LINK
$17.69
4.38%
USDE logo
USDE
$0.9997
0.03%
BCH logo
BCH
$513.46
2.84%
XLM logo
XLM
$0.3170
4.20%
SUI logo
SUI
$2.5936
5.89%
AVAX logo
AVAX
$21.15
5.05%
WBT logo
WBT
$41.30
1.34%
LEO logo
LEO
$9.5853
0.02%
HBAR logo
HBAR
$0.1751
5.58%
Markets
Share this article

Market Wrap: Bitcoin Rises on Encouraging Inflation News

The largest cryptocurrency hovered near $16.8K. Ether and other altcoins also surge.

By James Rubin, Glenn Williams Jr., Jocelyn Yang
Updated Mar 3, 2023, 6:54 p.m. Published Nov 15, 2022, 10:30 p.m.
Bitcoin rose slightly after the producer price index was lower than expected, suggesting that inflation is waning. (Midjourney/CoinDesk)
Bitcoin rose slightly after the producer price index was lower than expected, suggesting that inflation is waning. (Midjourney/CoinDesk)