The Bureau of Labor Statistics (BLS) reported on Tuesday that the Consumer Price Index (CPI) increased by 6.0% in the 12 months through February, in line with economists' predictions. Bitcoin is up 1.35% over the last 24 hours and rose to an intraday high of $26265.00. The cryptocurrency market experienced massive volatility today with Bitcoin trading between $24,055.06 to $26,265.00, indicating a struggle for dominance between bulls and bears. If the price remains above $25,000, the BTC/USDT pair may have the potential to surge to $30,000.
Today’s Cryptocurrency Headline
Sei Network to Launch Final Version of Testnet, Atlantic-2
Sei Network has announced the upcoming launch of the final version of its testnet, Atlantic-2. It will use Sei's Twin Turbo consensus, DeliverTx and Enblock parallelization, and permissionless deployment. Twin Turbo consensus features Intelligent Block Propagation and Optimistic Block Processing, allowing Sei to broadcast and process blocks faster than vanilla Tendermint. In terms of parallelization, Sei uses two different types of parallelization to further improve network throughput and latency. DeliverTx parallelization allows parallelization of all types of transactions, while Enblock parallelization is only applicable to orderbook related transactions.
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