A Cooler CPI Data has Influenced Bitcoin, Solana and XRP Uptrend Prices

Tekedia | 18-01-2025 06:39am |

Bitcoin has indeed surpassed the $100,000 mark, which coincides with the release of favorable Consumer Price Index (CPI) data. This surge can be attributed to the CPI coming in cooler than expected, which often signals a potential for lower interest rates, thereby boosting investor confidence in high-risk assets like cryptocurrencies. Additionally, the market sentiment appears [...]The post A Cooler CPI Data has Influenced Bitcoin, Solana and XRP Uptrend Prices appeared first on Tekedia.

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