Bitcoin continues to make headlines as it flirts with the $90,000 mark, hitting an all-time high of $93,483 on Bitstamp. This surge comes amid the latest U.S. inflation data, which showed the Consumer Price Index (CPI) aligning with expectations at 2.6%. Despite potential policy shifts, Bitcoin remains resilient, even as markets anticipate a Federal Reserve interest rate cut in December.
Crypto experts are optimistic, with predictions of Bitcoin reaching $100,000 soon. Some analysts even foresee a potential rise to $200,000, citing key indicators that suggest further growth. As always, investors should tread carefully and conduct thorough research.