Bitcoin has surged back to the $100,000 mark following the release of US macroeconomic data that sparked a market rebound. The cryptocurrency saw a nearly 4% gain in a day, with traders setting higher price targets. Despite initial struggles, Bitcoin's price was buoyed by a "passive buyer" on Binance, according to trader Skew. Meanwhile, optimism grows as the US Consumer Price Index aligns with expectations, leading to predictions of a 0.25% interest rate cut by the Federal Reserve on Dec. 18. Market watchers are closely observing how these developments will influence future trends.
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