Bitcoin has risen sharply to almost $ 66,000

Yesterday, on May 15, the bitcoin price BTC $61,632.02 Bitcoin -3.48% Market capitalization $1.22 trillion VOL. 24 hours $2.74 billion rose sharply to $ 64,600 amid the publication of data on the current situation in the US economy. As of May 16, the main cryptocurrency has added to its value and is trading at $ 65,935. The total number of coins, according to CoinMarketCap, is $ 1.29 trillion, an increase of 6.5% over the day. Traders made daily trading deals worth $ 42.3 billion. BTC dominated the market by 54.5%.

Other cryptocurrencies also increased in value. Thus, Ethereum ETH $2,489.95 Bridged Ether (StarkGate) -5.84% Market capitalization $0.19 billion VOL. 24 hours $1.26 billion rose in price by 3.8% to trade at $ 3015. As for Solana SOL $147.09 Solana -5.35% Market capitalization $68.9 billion VOL. 24 hours $0.77 billion , its quotes jumped by more than 12% to $ 161.6.

Some of the leading altcoins reacted even more positively, with Arweave (AR) rising to $ 44.1 or 14.5%, and Biitensor (TAO) rising by 10.35%.

Crypto experts explained that the inflation rate in the United States has slightly decreased. According to the latest data from the Consumer Price Index (CPI) for April 2024, this figure dropped to 3.4% year-on-year. This was the outcome predicted by numerous analysts. In March, the value was 3.5%.

It should also be noted that the performance of key indices on the traditional stock exchange also showed positive results. Thus, the Dow Jones rose by 0.54%, while the S&P 500 and Nasdaq technology indices added 0.51% and 0.46%, respectively.

In general, the market capitalization increased by 5.7% over the day and amounted to almost $ 2.4 trillion.