Bitcoin attempts $92K breakout as stocks hit new r
Bitcoin attempts $92K breakout as stocks hit new record on low US CPI data
11 hours ago
Bitcoin sought new weekly highs as US CPI numbers came in below expectations and President Donald Trump called for more interest-rate cuts.
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Bitcoin (BTC) eyed one-week highs at Tuesday’s Wall Street open as markets surged on low US inflation data.
Key points:
Bitcoin approaches $93,000 and a “huge” resistance wall on the back of positive US inflation trends.
The S&P 500 beats records despite the ongoing spat between US President Donald Trump and Federal Reserve Chair Jerome Powell.
A trader calls time on the low-timeframe Bitcoin trading range.
Bitcoin gets US inflation boost as S&P 500 surges
Data from TradingView showed 1.5% BTC price gains accompanying cooler-than-expected Consumer Price Index (CPI) figures for December 2025.
BTC/USD one-hour chart. Source: Cointelegraph/TradingView
CPI matched 2.7% predictions, while core CPI came in at 2.6%, 0.1% below the anticipated level, the Bureau of Labor Statistics (BLS) confirmed.
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