From Investing.com: 2024-05-20 01:21:22

Bitcoin remained rangebound at $67,148.4, cautious about U.S. interest rates. Metal markets surged, hitting record highs. Fed cues awaited this week, potentially impacting interest rates. Soft inflation data in April led to talks of a September rate cut, despite Fed officials cautious about easing inflation. Crypto investment inflows dwindled, with interest in altcoins subdued. Most major altcoins followed Bitcoin’s muted movement on Monday. Ethereum rose 0.4% to $3,132.04, while Binance Coin fell 0.8%. Dogecoin rose 1.7%. Memecoins like Shiba Inu and Floki Inu suffered losses, decreasing 2.9% and 0.7%, respectively. Regulatory concerns against Ethereum by the SEC also impacted altcoin sentiment.

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