🥵Analysts Eye Bitcoin and Altcoins as US Inflation Data Release Looms
BTC trades near $29K, awaiting US inflation data's potential market impact.XRP faces 'death cross,' and DOGE eyes growth amid increased acceptance.SOL shows bearish signs despite a breakout and could enter a bullish phase at $27.
Venturing into the second week of August, the crypto market presents many trends, as highlighted by CryptoRank, a crypto data analysis platform. Bitcoin (BTC), the market's bellwether, continues to trade in a narrow range, while altcoins like Solana (SOL) and Dogecoin (DOGE) show varying degrees of volatility. Amid these market dynamics, investors are keenly watching the upcoming US inflation data and its potential impact on the crypto market.
