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Bitcoin Rebounds to $98,800 as CPI Data Boosts Investor Confidence

Bitcoin saw a strong rebound on Wednesday, reaching $98,800, up by 2% after the US Labour Department released the Consumer Price Index (CPI) data for December. The CPI showed a 2.9% increase, which was in line with expectations. The Core CPI, excluding volatile items like food and energy, came in slightly under expectations at 3.2%. This data eased fears of severe inflation, bolstering investor confidence and supporting the bullish outlook for Bitcoin. Crypto prices, including Ether

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16 Jan 2025 11:25 AM 897 views

Bitcoin Rebounds to $98,800 as CPI Data Boosts Investor Confidence

Bitcoin saw a strong rebound on Wednesday, reaching $98,800, up by 2% after the US Labour Department released the Consumer Price Index (CPI) data for December. The CPI showed a 2.9% increase, which was in line with expectations. The Core CPI, excluding volatile items like food and energy, came in slightly under expectations at 3.2%. This data eased fears of severe inflation, bolstering investor confidence and supporting the bullish outlook for Bitcoin. Crypto prices, including Ether

Business

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Bitcoin Rebounds to $98,800 as CPI Data Boosts Investor Confidence

Bitcoin Rebounds to $98,800 as CPI Data Boosts Investor Confidence

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Congress Criticizes Omar Abdullah Over EVM Stance After Maharashtra Elections

Generation Beta: The New Generation Born Between 2025 and 2039

Virat Kohli Misses 1st ODI Against England Due to Knee Injury

Gold Prices Hit Record Highs: What’s Fueling The Rally And What Lies Ahead

Jersey City volunteers give Robert Grover Park a meaningful community makeover

Jagan Targets Chandrababu Again with Controversial Remarks

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Indian sailors freed from abandoned AZRA C near Turkey’s coast

"Jammu and Kashmir Assembly Elections: A New Political Landscape Post-Article 370"

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#cpi-data

Bitcoin Rebounds to $98,800 as CPI Data Boosts Investor Confidence

Bitcoin Rebounds to $98,800 as CPI Data Boosts Investor Confidence

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Jersey City volunteers give Robert Grover Park a meaningful community makeover

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