Bitcoin holds $29,500; Ethereum regains $1,850; Shiba Inu rise 3% each

Bitcoin and other top crypto tokens were trading in red today after better-than-expected US inflation data. The two largest cryptocurrencies continue to shake off macro waves. Other than macroeconomic factors, analysts continue to eye $30,000-mark for the Bitcoin. Bitcoin extended its fall as of today as the largest crypto token dropped about another per cent to slip below 29,500-mark once again. Ethereum, was trading slightly lower but breached $1,850-levels after the latest weakness. The global cryptocurrency market cap was trading quite lower, falling down to $1.17 trillion-mark as it dropped almost a per cent in the last 24 hours.

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