Bitcoin Crosses Above $101K as XRP, AI Tokens Lead Crypto Rally Following CPI

Quick Summary:

Wednesday morning's in line U.S.inflation data seemingly cleared the way for a Fed rate cut next week.

NEAR Protocol (NEAR), Internet Computer (ICP) and Render (RENDER) are all up by 15% or more over the past 24 hours.

The broader CoinDesk 20 Index is ahead nearly 11% over that same time frame, led by XRP's 15% advance.

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Stephen Alpher

Category: Crypto

Markets: United StatesCuba

Topics: XRP Markets ICP Render Network Bitcoin Near

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 16:50:24 (20 hours ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Article Length: 200 words

Reading Time: 2 minutes read

Sentences: 24 lines

Sentence Length: 9 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 24357628

View Article Analysis

About CoinDesk

Main Topics: Crypto

Official Website: coindesk.com

Update Frequency: 9 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 16 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #8

Publisher Details

Frequently Asked Questions