US inflation data caused a 3% increase in the crypto market.

The inflation data announced in the United States aligned with market expectations, while the cryptocurrency markets reacted to the policies of Donald Trump on the eve of his inauguration. Significant increases were recorded in altcoins, especially Bitcoin and Ethereum. Trump's crypto-friendly steps continue to attract the interest of investors.

Trump's Cryptocurrency Strategy is Guiding the Markets

The latest inflation data released in the United States has created a bullish trend in the cryptocurrency markets. According to the announced figures, the Consumer Price Index increased by 0.4% month-on-month and 2.9% year-on-year in December 2024.

In addition to the inflation data that aligned with market expectations, positive expectations regarding Donald Trump's cryptocurrency policies, who will take office on January 20, triggered a value increase in cryptocurrencies. Bitcoin rose by 2.33% from the level of $97,177.41 before the data was announced, reaching $99,442.00.

Ethereum also joined this upward trend, increasing from $3,225.10 by 1.70% to $3,279.98. Among altcoins, Cardano showed the most remarkable performance. ADA climbed from $1.0175 to $1.051 with a 3.29% increase. Solana gained 2.69%, rising from $189.66 to $194.76.

Other significant cryptocurrencies followed a similar trend. XRP increased by 1.54% to $2.85, while Dogecoin rose by 1.71% to $0.367751. Polkadot reached $6.86, Polygon $0.464517, and Litecoin $103.87.

Market analysts stated that Trump's goal of making the U.S. the "crypto capital of the world" and his plan to use Bitcoin as a national reserve are increasing investor interest. In addition to these significant developments, a special live broadcast will be held today at 20:00 on Haberler.com’s YouTube channel. During the live broadcast, the current state of the cryptocurrency markets following the latest inflation data announced in the U.S. and the expected changes in the crypto markets with Donald Trump's inauguration, as well as the potential opportunities and risks that this new era may bring, will be discussed in detail. You can participate in this live broadcast to keep a pulse on the cryptocurrency markets and equip yourself with expert analyses.