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Bitcoin and Ethereum are moving sideways today in anticipation of inflation data. It seems there is a wait-and-see atmosphere in the market — everyone wants to see the report, but no one wants to make a big move.
Such sideways movement is quite normal until the results are announced. Investors generally prefer to hold their positions before important economic data. Inflation figures are particularly significant data that can influence the crypto market.
Once the figures are announced in the coming hours, increased activity is certain. Until then, this calm period may continue.