Bitcoin remained near its highest level in almost three weeks, while Ether held close to its strongest level since June 3, according to CoinDesk. The move came after softer-than-expected U.S. inflation data supported prices, although gains were capped by tensions between the United States and Iran. In the altcoin market, HYPE rose 4%, with its uptrend since May marked by a pattern of higher highs and higher lows, and the report said that structure points to a potential push above $78 for a fresh record. LIT, by contrast, stalled after nearing its all-time high of $2.76 as traders took profits. CoinMarketCap’s altcoin season index fell to 46/100, indicating weaker momentum across the broader altcoin segment.
Bitcoin held near its highest level in almost three weeks, while Ether stayed close to its strongest level since June 3, according to CoinDesk.
Softer-than-expected U.S. inflation data helped lift the market, but gains were limited by tensions between the United States and Iran.
Among altcoins, HYPE rose 4%. CoinDesk said the token has been supported by a pattern of higher highs and higher lows since May, with the structure pointing to a move above $78 and a new record high.
LIT stalled near its all-time high of $2.76 as profit-taking set in. CoinMarketCap’s altcoin season index dropped to 46/100.
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