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The Defiant 2025-01-14 19:20:45

Crypto Markets Bounce as Data Shows Cooling U.S. Wholesale Inflation

The cryptocurrency market is rebounding following recent sharp losses, buoyed by the latest Producer Price Index (PPI) report. Bitcoin (BTC) surged to over $96,700, a 5.2% increase from the previous day. Ethereum (ETH) rose 7% to $3,225. XRP climbed 10% to $2.68, while Solana (SOL) reached $187, a 6% increase. The overall cryptocurrency market capitalization increased by 4.4% to $3.51 trillion, according to CoinGecko . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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