The crypto market is going up today, with Dash and Story jumping by over 30% in the last 24 hours.

Other top gainers were coins like Pepe (PEPE), Optimism (OP), Internet Computer (ICP), and Pudgy Penguins (PENGU).

The crypto market is going up after the recent US jobs and inflation data

One reason why the crypto market is going up today is that the US has published mixed macro numbers recently.

A report released on Friday showed that the economy created just 50,000 jobs, while the unemployment rate improved to 4.4% 

Another one released on Tuesday revealed that the core consumer inflation softened in December. It moved from 2.7% in November to 2.6% in December, a trend that may continue this year. 

Donald Trump has made affordability a major issue this year as the US moves to the mid-term elections.

He has announced a cap on credit card interest rates, barred institutional investors from buying homes, and asked Fannie Mae to start buying mortgage securities worth over $200 billion. 

Trump is also urging American oil companies to boost production, a move he hopes will lead to lower gas prices.

Therefore, a combination of soft labour market data and lower inflation will push the Fed to start cutting interest rates.

CLARITY Act markup and vote

The crypto market is going up as investors reflect on the improving regulatory environment in the United States. The Senate has now published the text for the CLARITY Act ahead of the markup event on Thursday. 

Angry Crypto Show

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JUST IN: 🇺🇸 SEC Chairman Paul Atkins on the CLARITY Act, says “we are very bullish on the effects of the bill getting to the President to be signed this year, and I think that’ll be a huge help to the crypto marketplace and investors.” $ADA $NIGHT

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9:22 PM · Jan 13, 2026

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