Bitcoin ($BTC ), after hitting highs of $89,000, saw a dip to $87,200 but has quickly bounced back following the release of the latest inflation figures. The Consumer Price Index (CPI) data, closely watched by the Federal Reserve, came in as expected, with the annual CPI at 2.6% and the Core CPI at 3.3%.
Key Highlights:
$BTC Reaction: After the CPI announcement, Bitcoin surged again, climbing to $92,295.71, marking a 5.81% increase as investors digest the inflation data.
Inflation Figures: With no surprises in the CPI numbers, markets are showing confidence, and analysts believe Bitcoin’s rally may have more fuel left.
Will Bitcoin break new records in the coming days? Stay tuned as the market responds to inflation news! 🔥
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