Crypto Price Today: Bitcoin trades near $46,300; Cardano, Avalanche rise over 3%

“In the past 24 hours, the overall market displayed volatility, especially after the launch of the BTC spot ETF. Notably, Spot Bitcoin ETFs achieved a trading volume surpassing $4.5 billion on their first day, indicating positive market sentiment,” said, CoinDCX Research Team. Meanwhile, overnight BTC touched a new higher high at $49,000 but experienced a quick drop to $46,000, influenced by higher-than-expected CPI data.