Bitcoin, Ethereum, XRP, Dogecoin Rally up to 6% as Cooler Inflation Boosts Risk Appetite

Bitcoin, Ethereum, XRP and Dogecoin rallied as much as 6% after U.S. inflation eased, improving risk sentiment across crypto markets. On Tuesday, Bitcoin reclaimed $64,000 following a 0.4% month-over-month decline in U.S. inflation, which reduced expectations of prolonged Federal Reserve tightening. Derivatives markets showed heavy activity: Coinglass data cited 86,420 traders liquidated in the prior 24 hours for $435.03 million. Spot Bitcoin ETFs saw net outflows of $424.7 million on Monday, while spot Ethereum ETFs posted $15.4 million in net outflows. Analysts Benjamin Cowen and others highlighted technical patterns suggesting selling pressure may be fading. Competitive movers mentioned included Binance Life, Lighter and Zcash.