Veröffentlicht von • Bitcoin, the world’s leading cryptocurrency by market cap, has maintained its value around the $30k region over the past few weeks.
• The US Consumer Price Index for June was 0.2%, lower than what market analysts had expected.
• AltSignals is a project that primarily targets traders and provides trading signals for stocks, forex, indices, cryptocurrencies, and CFDs.
Bitcoin Maintains Price Above $30K
Bitcoin has maintained its value above $30k as more investors hold their cryptocurrency assets. The cryptocurrency market has been stagnant for the last two weeks, with prices of most coins and tokens trading within specific ranges. Bitcoin’s price currently stands at $30,566, up by less than 1% in the last 24 hours. Data obtained from Glassnode revealed that the number of wallets holding at least one BTC had reached an all-time high of 1,008,737 million.
Inflation Figures Come Out Lower Than Expected
Rising inflation figures in the United States and other parts of the world have led to the Federal Reserve hiking interest rates in recent months. However, the Fed didn’t increase interest rates last month and investors are now optimistic that it might decrease interest rates later this month. The SU Consumer Price Index for June was 0.2%, lower than what market analysts had expected which could lead to a positive performance in the cryptocurrency market if there is a rate reduction from the Fed in near future .
AltSignals Presale Surpasses 50%
Investors are looking to enter new projects with potential to make excellent returns and one such project is AltSignals which is still in its presale stage and has already raised more than $1 million in its second presale round so far. AltSignals is a trading platform that provides trading signals for stocks, forex, indices, cryptocurrencies, and CFDs which will mainly target traders who want to maximize their profits through investments .
Conclusion
The current state of Bitcoin seems stable with prices maintaining around $30K due to increasing number of investors holding their crypto assets along with decreased inflation figures bringing optimism among investors regarding possible rate cuts from Fed causing increased investment opportunities within crypto space particularly AltSignals whose presale has surpassed 50%.
Key Takeaways
• Bitcoin has maintained its value above $30k as more investors hold their cryptocurrency assets.
• The SU Consumer Price Index for June was 0.2%, lower than what market analysts had expected which could lead to a positive performance in cryptocurrency markets if there is a rate reduction from Fed . • AltSignals is still in its presale stage and has already raised more than $1 million so far targeting traders who want to maximize their profits through investments .