Bitcoin and Ethereum prices have rebounded as congestion on the bitcoin blockchain has eased, with both cryptocurrencies showing signs of growth. Bitcoin is currently trading at $27,741, up 0.3%, while ether is trading at $1,853, up 0.2%.

However, inflation remains a key concern for many, including the Fed and crypto traders. A crypto court case is also underway, which may provide clarity on the issue of extraterritoriality and how far U.S. authorities can reach. In other news, Bittrex has filed for bankruptcy in Delaware, while Coinbase is working to fix wallet support for Ethereum staking withdrawals.