Bitcoin experienced a new low in the past 24 hours before recovering slightly, while altcoins like LDO saw significant price surges. The US CPI numbers for April initially caused a positive reaction in Bitcoin's price, but it quickly plummeted by over $1,000.
The cryptocurrency market has seen increased volatility in the past few days, with many altcoins suffering losses before turning green again. Lido DAO has been the standout performer, with LDO soaring by over 13% on a daily scale.
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