Bitcoin and Ethereum Rise Following Flat Inflation Reading

The recent CPI report suggests that inflation in the US may have peaked after rising at its fastest pace in four decades.

TA- My Neighbor Alice Could Be Set For A Major Bounce – Eyes $5

The price of My Neighbor Alice (ALICE) could be set for a major bounce against Tether (USDT) and to hit $5.  Related Reading: Ethereum Investors Close 300k Long Positions on Bitfinex, Rally To Stop Soon? Ethereum price saw a relief bounce from $1,600 to $1,800 ahead of merge sentiments leading to other altcoins like My Neighbor Alice bouncing off from their weekly lows.

TA- STEPN (GMT) Could Be Set For A Major Rally After Bullish Signs

The price of STEPN (GMT) could be set for a major rally against Tether (USDT) after showing bullish signs.  Related Reading: Why Bitcoin At $100K Is Just A “Matter Of Time”, Says Bloomberg Intelligence Ethereum price saw a relief bounce from $1,600 to $1,800 ahead of merge sentiments leading to other altcoins like STEPN bouncing off from their weekly lows.

Bitcoin holds $24K as US dollar taps 3-week lows on Eurozone inflation report

Estimates for July inflation across the euro area make for grim reading at 8.9%, with the US dollar rebounding. Bitcoin (BTC) sought to pin $24,000 as support before the July 29 Wall Street open as fresh inflation data sparked worries for the euro.BTC/USD 1-hour candle chart (Bitstamp).