Bitcoin Reaches New Heights Amid Inflation Trends
- Bitcoin hit an intraday peak of $99,442 on January 15.
- The rally followed the release of U.S. inflation data showing a slowdown in core inflation.
- At 9 a.m. Eastern Time, bitcoin was trading at $98,805 per coin.
- $224 million was liquidated within a 24-hour period during this surge.
On January 15, bitcoin reached an intraday high of $99,442 as U.S. inflation data indicated a slowdown in core inflation, contributing to significant market activity and liquidations totaling $224 million over the day.
