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Crypto markets moved higher on Wednesday after a better-than-expected US inflation data.
The digital asset industry had a memorable 24 hours. However, all eyes are set on the US Fed's move later in the evening, which will direct the crypto market in the near term.
Bitcoin marched towards $18,000 levels after a long consolidation, whereas Ethereum was above the $1,300 mark. However, gains in the majority of the altcoins were capped.