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Bitcoin Breaks $98K After Inflation Report

Bitcoin Surges Past $98,000 After U.S. Inflation Data Release

  • U.S. inflation increased by 0.2% in December 2024.
  • The annual Consumer Price Index (CPI) reached 2.9%.
  • Bitcoin’s price exceeded $98,000 following the inflation data release.
  • Cardano (ADA) experienced a price increase of 4.67% within an hour.

The recent U.S. inflation data, showing a monthly increase of 0.2% and an annual CPI of 2.9%, led to Bitcoin’s price surpassing $98,000 and Cardano (ADA) rising by 4.67% in one hour.

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