Crypto Prices Flat Amid Inflation Data, Top Cryptos Show Divergent Trends
Crypto prices have been flat over the past day, but the yearly numbers tell a different story. Only two of the top 10 cryptocurrencies are in the green for 2026: TRON is up 18 percent on the year and Hyperliquid has almost doubled.
BTC sits 27 percent lower and XRP has lost 45 percent of its value since January. The total crypto market cap remains steady, but the yearly numbers reflect a bearish trend in the market.
July inflation data came in as expected, with a 0.1 percent month-over-month increase and a 3.4 percent year-over-year rise. This has led to a wait-and-see approach by investors, with no clear direction for crypto prices.