Bitcoin climbs above $72K following March's hot inflation data

Let's get a check on cryptocurrencies brought to you by the National Cryptocurrency Association.

We see uh crypto gaining once again today. We've talked about stocks being on a winning streak. We have seen Bitcoin gain some momentum here, and you see this big movement up.

Um, some of the movement that we've seen today has to do with the consumer price index, even though it came in hot, the core number uh was a little bit lower than had been anticipated. So maybe some optimism that rate cuts are coming.

But that has been bound up with some of the bullish case for Bitcoin. It had been above 73,000, now pulling back a little bit slightly below that level.

And we're seeing the other cryptocurrencies largely rally as well. As for the crypto stocks here, it is a more mixed picture.

Interesting to not see Robin Hood rallying along with Bitcoin, um because it has fallen so much this year along with Bitcoin prices. Coinbase also down Pa- Pa- uh PayPal, excuse me, is also down.

Uh but strategy is trading a little bit higher and then some of the miners that we have over here, some of the brokers are also seeing some strength. So a bit of a divide within the cryptocurrency world today.

Also circle shares up by 4.7%.