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The market noticed that many altcoins had a massive leap on Tuesday as the CPI data was released. The king of cryptos, Bitcoin, broke through the $25,000 resistance after the CPI data was released. This influenced the bulls to push the altcoins into a bearish sentiment.
Furthermore, traders showed their support for AI cryptos after GPT4’s launch. This drove the price of these tokens to rise. Although many cryptocurrencies showed exceptional performance, few digital coins stood out among the rest.
Let’s take a look at the top-performing cryptocurrencies and the reason why they have earned a place on this list…
The post Best Performing Cryptocurrencies for This Week appeared first on Coin Edition.
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