Crypto Market Signals Amid Economic Pressure

Crypto Market Resilience Amid Macroeconomic Challenges

• The U.S. CPI data for January recorded a 3% year-over-year increase, exceeding expectations.
• PPI data also surpassed forecasts, showing a 3.5% rise.
• Bitcoin (BTC) experienced price volatility but closed the week at $97K, marking a 0.5% increase.
• Ethereum (ETH) saw a slight gain of 1%, ending the week at $2,700.
• XRP gained attention following the U.S. SEC’s acknowledgment of Grayscale and 21Shares’ ETF filings.

Despite macroeconomic pressures including hot CPI and PPI data and new tariffs, Bitcoin and altcoins like Ethereum showed resilience with modest gains over the past week. XRP also attracted interest due to recent ETF-related developments.