Crypto Markets Gain as U.S. Dollar Drops, Wholesale Inflation Cools

Crypto markets rose on Friday following the release of better-than-expected Producer Price Index (PPI) data, which signaled that inflation may be easing. Bitcoin (BTC) is up 4% over the past 24 hours and is currently changing hands at around $82,500. Ethereum (ETH) also rose 4% to $1,561, while XRP increased by 3.1% to $2. Solana (SOL) surged 10% to $120. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

Source: The Defiant