The cryptocurrency market is poised for a significant reversal and could lead Ethereum (ETH) and altcoins to previous all-time highs. The shift came after the US consumer price index (CPI) data on the 12th came in below expectations.
According to Michael van de Peip, IT director and founder of consulting firm MN Trading, this could be a "serious sign" for #altcoins and #bitcoin (BTC). It's worth noting that professional traders have highlighted financial data as a leading indicator of this bullish stance in their posts on website x.
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