Cryptocurrencies rallied in the past 24 hours as sentiment improved following softer-than-expected consumer price inflation readings released from the U.S. on Thursday morning.
Anxiety ahead of key labor market updates from the U.S. weighed on global market sentiment, dragging down cryptocurrency market capitalization around 3.5 percent overnight.
Cryptocurrencies rallied in the past 24 hours, aligning with the positive sentiment in global markets despite lingering worries over tech valuations attributed to the hype over AI.
Cryptocurrencies are trading in the red amidst renewed fears of an AI bubble exacerbating the market's gloom that followed the Fed's pronouncements.
Cryptocurrencies rallied in the past 24 hours, despite a mood of caution persisting in global markets ahead of the Fed's decision on interest rates as well as the release of economic projections.
Cryptocurrencies declined in the past 24 hours amidst caution ahead of the Federal Open Markets Committee's interest rate decision due to be announced on Wednesday afternoon.
December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.