Bitcoin and Ethereum Soar to Four-Week Highs Ahead of US Inflation Report
• Bitcoin rose to a four-week high on Thursday, as price surged above $18,000 hours before the upcoming U.S. inflation report. • Ethereum also moved higher, climbing above $1,400 in the process. • Bitcoin and Ethereum’s price rally occurred as the 14-day relative strength index (RSI) continued to move deeper into overbought territory. The cryptocurrency…