In the traditional market, cryptocurrency quoted funds extended their good run this Thursday. On the other hand, in the rest of the great ‘Altcoins’ it also rises in a generalized way.
The cryptocurrencies They keep the bullish path at the start of this Friday, September 12. He Bitcoin (BTC) exceeds the US $ 115,000 with a rise of 0.9% in the last 24 hours, according to Binancewhile Ethereum (eth) rises to 2.1% and reaches U $ 4,500.
The rest of the main Altcoins It also accompanies the upward trend, with increases of up to 6.3%, headed by Solarium; followed by Hyperliquidwith 4.6%; and Dogecoinwith 3.9%. Few tokens quote with a negative sign, as is the case with Avalanche (Avax) either Bitcoincashthat fall 1.9% and 1.3%, respectively.
At the same time, the quoted funds (ETF) from cryptocurrencies extended their good run this Thursday.
On the one hand, the BTC ETFs captured U $ S552 million This Thursday, linking four consecutive days of net tickets, something that did not do since the end of August. On the other, the Eth of ETH They accumulate three days in a row of net tickets, after six days down in which they retired more than US $1 billion.
Waiting for the Federal Reserve
This optimism was generated after this Thursday the data of retail inflation in the United States was known. In August, the Consumer Price Index (CPI) He confirmed a rebound to 2.9% from 2.7% of the previous month, while inflation remained stable at 3.1% as the market also expected.
“While an CPI rate of 2.9% is not exactly moderate, the lack of impact of tariffs on the CPI report could relieve the concerns of the Federal Reserve (Fed) On the future trajectory of inflation, “said Kathleen Brooks, XTB research director.
The market is considered as September 17, The president of the North American Central Bank, Jerome Powellannounce a Basic points rate cutthe first of 2025. In addition, new reductions in interest rates in the two remaining meetings are expected so far this year.
Source: Ambito
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