A slight recovery week for cryptocurrency prices, after the previous weeks of decline: the increases are for Bitcoin by 2.5% to $ 19,314 and for Ethereum by 3.5% to $ 1,318.
Very heavy week for all crypto that fell, following all other assets such as equity indices, after the Fed meeting on Wednesday evening
The market mover of the week was Tuesday's US inflation data, namely the US consumer price index (CPI) for August.
Ethereum-Bitcoin Report July 14th, 2022 Negative week for the main cryptocurrencies with a loss for Bitcoin of 1.50% (which stands at $ 20,550) and for Ethereum of about 4% (currently $ 1,170). Tuesday's CPI figure for US inflation at 9% has made the entire crypto market nervous and caused crypto to sell further [...]