Markets rallied following the CPI print. As of now, $BTC is trading at $95,395 and $ETH at $3,325, with Bitcoin dominance at 59.27%.
U.S. core CPI rose 0.2% m/m and 2.6% y/y in December, both slightly below expectations, while headline inflation came in line with forecasts at 2.7% y/y. The data suggests inflation is easing but remains sticky, reinforcing expectations that the Fed will keep rates on hold in the near term.
A few other headlines include: crypto market data platform CoinGecko exploring a potential sale at a valuation of approximately $500 million; Zama launching a token sale at a $55 million floor FDV via CoinList and its own auction app; and Coinbase listing $RAY.
During the last 24 hours, the top three gainers were $DASH, $IP, and $DCR, while the top three losers were $M, $JST, and $BCH.
