The cryptocurrency market started the week with Bitcoin experiencing intense volatility, dropping to its lowest point since November before rebounding and reaching a weekly high. Altcoins also saw gains, with Ethereum, DOGE, AVAX, TRX, and LINK all recording price increases. Larger-cap altcoins such as XRP, SOL, and HBAR showed strong upward movements as well. The cryptocurrency market cap has recovered to over $3.57 trillion, reclaiming its 50-day Moving Average and potentially signaling further gains in the future. The positive trajectory was influenced by the release of the December U.S. CPI report, which showed a potential pause in Federal Reserve rate hikes, increased sentiment for risk-on assets, and heightened liquidations. The anticipation of President-elect Trump's inauguration and potential crypto-friendly policies also boosted market confidence.



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