4 hours ago
The recent legislative push known as the BITCOIN Act of 2025 aims to establish a U.S. Strategic Bitcoin Reserve, potentially reshaping the country’s economic landscape. This initiative could not only
CoinOtag
You can visit the page to read the article.
Source: CoinOtag
Tags :
Bitcoin News BTC
Disclaimer: The opinion expressed here is not investment advice – it is provided for informational purposes only. It does not necessarily reflect the opinion of BitMaden. Every investment and all trading involves risk, so you should always perform your own research prior to making decisions. We do not recommend investing money you cannot afford to lose.
Bitcoin (BTC) Price Soars Above $84K as US CPI Data Lower Than Expected
The US Bureau of Labor Statistics released the Consumer and Price Index (CPI) for February. The data shows that inflation in the world’s largest economy has decreased to 2.8% YoY compared to January’s numbers of 3%. The expectations estimated that the ratio would be 2.9%. U.S. CPI: +2.8% YEAR-OVER-YEAR (EST. +2.9%) U.S. CORE CPI: +3.1% YEAR-OVER-YEAR (EST. +3.2%) — Tree News (@TreeNewsFeed) March 12, 2025 The positive figures have impacted the price of Bitcoin (BTC), which pumped above $84,000 minutes after the announcement. BTC Price, Source: CoinGecko The decline puts the inflation rate closer to the 2% threshold, which the Federal Reserve had previously set as a healthy zone. America’s central bank closely monitors the CPI data, which is among the main factors that may influence a potential adjustment of the interest rates. The Fed lowered the benchmark three times in 2024 but has yet to do so in 2025. Several months ago, the central bank projected two rate cuts this year that could drop the figure to a range of 3.75% to 4.00%. Reducing the percentage makes money-borrowing easier and might increase the interest in riskier assets such as BTC. Meanwhile, the Core CPI, which excludes more volatile sectors such as food and energy, is up by 3.1% year-over-year, or slightly less than the expected 3.2%. The post Bitcoin (BTC) Price Soars Above $84K as US CPI Data Lower Than Expected appeared first on CryptoPotato . CoinOtag
Global Market Turmoil Sparks Concerns Over Crypto ETFs and Bitcoin Sales
Trade tensions between the U.S. and EU create market volatility. Continue Reading: Global Market Turmoil Sparks Concerns Over Crypto ETFs and Bitcoin Sales The post Global Market Turmoil Sparks Concerns Over Crypto ETFs and Bitcoin Sales appeared first on COINTURK NEWS . CoinOtag
