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Analysis: Weak CPI and ETF inflows drive strong momentum for altcoins

By: odaily.com|2025/07/16 12:31:44

Odaily News As traders bet on a dovish Fed, weak US CPI data and strong ETF inflows pushed altcoins higher, with Ethereum up 6% and Solana up 4%. Analysts noted that Bitcoin may consolidate near its all-time highs, retreating from recent highs, leaving room for altcoins to catch up. (The Block)

A whale deposited 2.73 million USDC into Hyperliquid to open a 20x leveraged Bitcoin short position

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