Bitcoin Breaks $113,000 Barrier, Altcoin Momentum Uncertain

Bitcoin has surged past $113,000, signaling a potential market shift. Analysts attribute this rise to the upcoming U.S. Consumer Price Index (CPI) data and strong institutional interest in the asset. However, altcoins remain stuck at a critical 2021 resistance point, hindering further growth. DAANCrypto highlights this challenge. Meanwhile, the ETHBTC trading pair remains stable around the 0.038 level, suggesting recovery potential. The upcoming release of ETH ETF data and the performance of W Coin are closely watched for potential bullish signals.