Bitcoin had an upward movement this Tuesday of more than 6% and was able to exceed USD 30,000, a price it had not reached since June 2022. Separate paragraph for Ethereum that exceeded USD 1,900 on the same day.
The two giants in the world of crypto have suffered an increase in their profits, since investors consider BTC as a refuge of value for the banking crisis. This is why Bitcoin had an increase of 80% just like Ethereum grew 60% almost in the same time.
According to traders, the next 24 hours are key because the inflation data will be published this Wednesday, which everything suggests that there will be a sharp drop... which would generate rebounds for Bitcoin and the stock market. The same day the minutes of the FED come to light, these minutes are meeting minutes where monetary policies are voted and gives a look for the monetary future of the following month. So be prepared for the volatility of this Wednesday!
