Crypto markets remain stable as traders await inflation figures that may influence Federal Reserve policy and risk assets.
Bitcoin traded above $81,000 early Monday, maintaining recent gains as investors awaited Tuesday’s U.S. consumer price index report. The CPI data could sway expectations for Federal Reserve rate cuts, impacting both equities and digital assets.
Ethereum slipped 1.37% to $2,307, while Bitcoin’s dominance stood at 58.4% of the $2.78 trillion total crypto market cap. The Fear & Greed Index registered 49, signaling neutral sentiment. Altcoins showed mixed performance, with small-cap tokens like Saga and Avalon Labs surging over 60%.
Funding rounds also drew attention, including Circle’s $222 million ARC token sale and a $40 million raise by Augustus backed by Valar Ventures.