Bitcoin Revives; Altcoin Performance Uncertain as Markets Await Fed Insights

The cryptocurrency market is experiencing a subtle resurgence, with Bitcoin’s price surpassing $111,300. This growth has prompted minor gains for altcoins, ranging from 1-2%. Investors are closely watching upcoming inflation data, anticipating clues about the Federal Reserve’s potential interest rate adjustments. While this rise offers some optimism, concerns linger regarding riskier altcoin investments due to ongoing debates surrounding the Fed’s autonomy and a looming deadline related to Russia’s economic situation.