Crypto Markets Stall Ahead of Inflation Data

Cryptocurrencies experienced a pause in trading activity as investors awaited crucial inflation data. Major digital assets like XRP and Solana encountered resistance at significant price thresholds, indicating a potential stalemate in the market. This cautious sentiment suggests traders are adopting a wait-and-see approach, prioritizing economic indicators over immediate speculative plays. The upcoming inflation figures are expected to heavily influence market direction, potentially triggering renewed volatility or confirming a period of consolidation.