BTC Price Holds Steady Post-CPI; CRO Leads Altcoin Gains

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JUP is today's top gainer from the largest 100 alts.

The highly anticipated CPI numbers announced on Friday brought some volatility to the cryptocurrency markets, with BTC jumping to $112,000 only to slip below $110,000 before it recovered all losses.

Several altcoins have posted more impressive gains over the past days, including JUP, ZEC, CRO, BCH, and XRP.

BTC Recovers All Losses
The primary cryptocurrency experienced massive turbulence at the end of the previous business week when it dumped from $112,000 to under $104,000 in the span of just a day. However, it bounced off during the weekend and went on the offensive at the beginning of the new business week.

The bulls initiated an impressive leg up on Tuesday that resulted in a $6,500 surge. It pushed BTC from $107,500 to a multi-day peak of $114,000. However, it turned out to be a fakeout, and bitcoin quickly lost all gains and dipped even further below $106,500.


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