Bitcoin Price Surges $100K
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US CPI inflation data releaseCoinGape
•Will Bitcoin Price Hit New All-Time High Heading Into FOMC?
71% Informative
Bitcoin price surges $ 100 K amid favorable US CPI data release on Wednesday .
Analysts expect 25 basis points rate cut at next week ’s FOMC meeting, providing additional fuel.
During Bitcoin's recent consolidation near $ 96,000 , whales bought heavily, with 342 wallets holding over 100 BTC created.
Inflows into spot Bitcoin ETFs have continued at a strong pace led by BlackRock 's IBIT .
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