Crypto Market Breaks Above the 50-Day Ma: Bitcoin Eyes $73–74K

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Market Overview The crypto market capitalisation rose by 3.5% to $2.22T, reaching a three-week high, following the release on Tuesday of weak US inflation data, which showed inflation slowing at its fastest rate in the last six years, thereby reducing the likelihood of a Fed rate hike. The market has risen above its 50-day moving […]The post Crypto Market Breaks Above the 50-Day Ma: Bitcoin Eyes $73–74K appeared first on ActionForex.