Odaily Planet Daily News 🌟 The latest US inflation data has been released, and market expectations for a Federal Reserve rate cut are heating up, with Bitcoin's price once again surpassing the $100,000 mark! This relaxed monetary environment has made investors feel more at ease, propelling the Nasdaq 100 index to a historic high. 📈
Henry Elder of UTXO Management stated that the market is satisfied with the expected inflation rate, and traders are pondering whether Bitcoin's $100,000 is a ceiling or a floor. Since Trump's election victory, Bitcoin has risen by about 50%, with net inflows into US Bitcoin spot ETFs reaching $11 billion, while Ethereum spot ETFs have also attracted $2.4 billion in inflows. 💰