Bitcoin holds above $83,000 ahead of U.S. inflation data as altcoins lag
Bitcoin briefly reached $84,000 before easing back, while the CoinDesk 80 fell 0.6% since midnight as traders waited for U.S. inflation data.
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Summary
- Bitcoin traded around $83,450 after spiking to $84,000 early in the European morning.
- The CoinDesk 80 fell 0.6% since midnight UTC while the CoinDesk 20 edged higher, with DeFi tokens the weakest sector.
- Traders await U.S. CPI, expected to show inflation quickening to 3.6%, after New York Fed President John Williams said he saw no need for rate increases in 2027.
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Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
Why it matters:
Diversified RWA stablecoins sustain 5-7% yield from real credit as crypto funding compresses to ~4%. GENIUS pushes yield off-chain; TAM grows to $4B in 3 years.
