Bitcoin (BTCUSD) Rebounds to $112K on CPI Surprise Amid Fed Rate Cut Expectations
Bitcoin surged to $112,000 amid cooler-than-expected US CPI data sparking optimism for Fed rate cuts, despite sell-side pressure at market open and liquidity concerns.
Market context
Follow the story. See which markets it affects. Explore the context.
Bitcoin surged to $112,000 amid cooler-than-expected US CPI data sparking optimism for Fed rate cuts, despite sell-side pressure at market open and liquidity concerns.