Michael van de Poppe anticipates altcoin recovery amid important CPI report

Cryptocurrency analyst Michael van de Poppe highlights the recent performance of altcoins.
In his latest observation, van de Poppe notes the significant recovery of altcoins following Monday's losses. With the upcoming Consumer Price Index (CPI) report expected shortly, there is speculation that a lower-than-expected figure could further enhance market positivity. This, van de Poppe suggests, might signal a potential 'party' for the crypto market, depending on the CPI outcomes.
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In the previous news, author Michael van de Poppe spoke about Bitcoin's price consolidation amidst challenging macroeconomic conditions affecting altcoins. For more details, visit the previous report.