Has US inflation peaked? 5 things to know in Bitcoin this week

The latest US inflation data is poised for release this week as Bitcoin price action spikes higher after a promising weekly close. Bitcoin (BTC) goes into another key macro week in the United States with a welcome break to the upside.After avoiding a now-familiar breakdown around the weekly close, BTC/USD is surging higher at the time of writing on Aug.

Avalanche Price Steadies Above $22, Could Attempt To Touch $26

Avalanche price action has remained bearish on the chart at the time of writing.

Cardano (ADA) Regains Some Support But Rate Stuck Below Vital $0.50 Level

Cardano (ADA) price according to CoinMarketCap registered a jump of 3.96% or $0.5148 as of this writing.

US Senators Send Letter to Fidelity Over ‘Ill-Advised’ Bitcoin (BTC) Retirement Plan

Three US Senators are writing to Fidelity’s chief executive over concerns about the banking giant’s ‘troubling’ plan to allow businesses to offer Bitcoin (BTC) as a retirement option.

Chainlink Pictured Chance Of A Further Pullback To This Level

Chainlink was bearish on its chart at the time of writing.

Cardano (ADA) Falls To $0.44, Is The Uptrend Invalidated?

Cardano displayed bearishness on its chart at the time of writing.

Solana Zoomed Up By 20% In A Week, This Could Be The Next Target

Solana had witnessed strong bullish force in the past seven days, however, the bulls lost steam at the time of writing.

Why Weekly RSI Could Suggest The Bitcoin Bottom Is In

Bitcoin price is currently trading at around $23,500 at the time of this writing, up over 30% from lows and 10% for the week.