By Oliver Gray
Investing.com - The cryptocurrency markets were trading below all time highs on Monday, easing from fresh all-time high valuations after higher-than-anticipated inflation data from the U.S. boosted blockchain-based tokens amid increased safe-haven appeal.
Bitcoin was up 0.98% to $US65,615.6. Ethereum added 0.32% to $4,676.11. Ripple was up 1.25% to $1.20636. Binance coin added 0.55% to $657.29. Solana added 0.8% to $240.177. Dogecoin gained 0.43% to $0.262599 SHIBA INU fell 2.34% to $0.00005425.
Meantime, bitcoin’s largest upgrade in four years has gone live over the weekend. The Taproot upgrade unlocks new capabilities designed to boost the privacy, security and scale of Bitcoin transactions, including the use of Schnorr Signatures to reduce some of the burdens on the network, making it possible to perform multi-signature multi-input transactions (UTXI) faster and cheaper.