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Coin Edition 2024-05-18 10:25:00

Short Squeeze Fuels Price Rise, But What’s Next for BTC/ETH

The cryptocurrency market experienced a welcome reprieve this week, with leading tokens Bitcoin (BTC) and Ethereum (ETH) registering price increases. As of press time, Bitcoin traded at $66,802, while Ethereum gained 5.89% over the past seven days, reaching $3,094. Analysts attribute the price surge primarily to the lower-than-anticipated U.S. Consumer Price Index (CPI) data released The post Short Squeeze Fuels Price Rise, But What’s Next for BTC/ETH appeared first on Coin Edition .

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