Why Bitcoin, Ethereum, and Dogecoin Popped Today
Cryptocurrencies had another great day on Wednesday, and the biggest tokens led the market. Bitcoin (CRYPTO: BTC) is once again trading above $100,000, which is a critical psychological level for traders.
As of 3 p.m. ET, in the past 24 hours alone, Bitcoin is up 5.3%, Ethereum (CRYPTO: ETH) has jumped 5.2%, and Dogecoin (CRYPTO: DOGE) is up 7.9%.
The Bureau of Labor Statistics announced this morning the closely watched Consumer Price Index (CPI) was up 2.7% from a year ago, 0.1% higher than in October, but in line with estimates.
Source Fool.com
