Crypto Markets Surge Amidst Inflation Data and Concerns Over Leverage

Bitcoin and Ethereum prices experienced significant gains following the release of U.S. inflation data, reflecting a broader market rally fueled by investor optimism. However, this bullish momentum is accompanied by growing concerns about increased market leverage and potential volatility. 🪃. Institutional investors have bolstered Ethereum’s credibility with substantial inflows into BlackRock’s exchange-traded fund (ETF), which has significantly contributed to the cryptocurrency’s rise.