US economic data supported the crypto market. Quotes of leadin | IntelexGlobal.free

US economic data supported the crypto market.
Quotes of leading cryptocurrencies are confidently retreating from local minima. The bitcoin rate, after a two-month break, returned to a level above $18,000, having added more than 10% since the beginning of the year. The second most popular cryptocurrency - Ethereum has risen in price by almost 18%. The market was supported by macroeconomic data from the US, which strengthened investors' confidence that the Fed will slow down the key rate hike. However, market participants do not yet expect further growth in the value of cryptocurrencies.