Bitcoin (BTC) surged above $100K on Wednesday following the release of the US November Consumer Price Index (CPI) data, which came in line with expectations at 2.7%.
Bitcoin reclaims $100K following release of US CPI data for November Bitcoin surged above $100K on Wednesday following the release of the US November ConsumerPrice Index data, which came in line with expectations at 2.7%. Crypto investors quickly reacted to the report as market participants now anticipate that theFederal Reserve will cut rates by 25 basis points next week. Dogecoin Price Prediction: Rebound expected as 60,000 new traders buy the dip Dogecoin price reclaimed the $0.
on-chain data trends shows that a large number of new entrants capitalized on the crypto market correction phase to buy the dip. Marathon digital boosts Bitcoin holdings in bold move Marathon Digital has made a bold move in the cryptocurrency world by purchasing a significant amount of Bitcoin. The company announced it acquired over 11,000 Bitcoin recently, demonstrating its growing commitment to increasing its digital asset holdings.
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