Bitcoin Surpasses $100,000 Amid Positive CPI Data and Regulatory Hints

Reported about 9 hours ago

Bitcoin's price climbed above $100,000 on Wednesday, rebounding after briefly falling below $90,000. The surge was attributed to favorable Consumer Price Index data and optimistic reports regarding potential regulatory changes from the SEC, suggesting a shift towards a more accommodating crypto policy. This comes after a volatile period for Bitcoin and signals a potential interest rate shift that may benefit riskier investments.

Source: YAHOO

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