Ethereum Fees Continue to Decline; Solana Fees Potentially Surpasses Ethereum’s Soon
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May 14, 2024
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Daily Top Performer — Pepe (PEPE)
The SPX index is down 0.02%, A report from the New York Federal Reserve showed an increase in short and long-term inflation expectations in April, influencing market sentiment. Investors are looking forward to the release of the Producer Price Index (PPI) data on Tuesday and the Consumer Price Index (CPI) report on Wednesday for more detailed inflation trends. Furthermore, retail sales figures and remarks from Fed Chair Jerome Powell are also anticipated. The broader cryptocurrency market is up, with Bitcoin and Ether rising by 2.84% and 1.05%, respectively in the past 24 hours.