【Crypto World】Bitcoin has recently experienced a significant surge, with the price reaching around $95,000, a short-term increase of 5%. This rally has driven the entire crypto market, with the total market capitalization growing by 4.45%, and Bitcoin accounting for as much as 61% of it.
What triggered this rally? Mainly, it’s the change in signals from the US economy. The latest CPI data shows a year-on-year increase of 2.7%, which aligns perfectly with market expectations; more notably, the core CPI has fallen to 2.6%, hitting a near five-year low. These figures send a signal to the market — the Federal Reserve might consider cutting interest rates.
The policy environment in the cryptocurrency sector is also improving, with related regulatory bills progressing smoothly, further boosting investor optimism. Strong spot purchase demand has become the main driving force behind the rally. Many strategists are optimistic about the future, believing Bitcoin could reach $100,000 in the short term. An increasing number of people are viewing Bitcoin as a macro hedge asset, reflecting a shift in market sentiment.
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BrokeBeans
· 7h ago
100k is right in front of you, brothers who can't run away
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gas_fee_therapist
· 01-15 01:49
It has broken 95k. The recent rate cut expectations are indeed powerful.
Is 100k really coming? Feels like there are quite a few people saying that...
As soon as the rate cut expectations appear, the crypto market gets excited. How many times have we seen this routine?
Strong spot demand, huh? Then should I jump in... But I always feel that those who buy at high levels don't end up with good results.
Can regulatory improvements really cause such a big rise? I still can't believe it.
Is this really different this time, or is it just another short-term trap? I have my doubts.
Before hitting 100k, there will probably be some adjustments. A sharp rally like this is definitely followed by a pullback.
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ImpermanentPhobia
· 01-15 01:49
It's already at 95k, just 5k more to break 100,000. That's a bit exciting.
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StableNomad
· 01-15 01:42
ngl, that core CPI print hitting 2.6% actually moves the needle... statistically speaking, we've seen this movie before tho. reminds me of UST in May when everyone thought the macro had "shifted."
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RektButSmiling
· 01-15 01:37
95k is already the starting point; 100k isn't far off.
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GasBankrupter
· 01-15 01:31
Have all 95,000 been broken? Why am I still hesitating whether to buy the dip haha
As soon as the rate cut expectation emerged, these institutions really jumped on board in a second. Now saying 100k is not too much
CPI dropped to 2.6%, the Fed probably can't hold back anymore... Our opportunity has arrived
Regulations are also loosening, is this really different this time? Or are we headed for another roller coaster
It's a bit regretful for those who didn't catch up in this wave, but let's see how it goes later
The market came alive as soon as the policy warm wind blew, with such fierce spot trading, we also need to be cautious when taking positions
Feeling a bit optimistic about 100k, but the trend is definitely upward
With such friendly macro data, breaking 10,000 in the short term is still possible
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NoodlesOrTokens
· 01-15 01:28
Is it going to break 100,000 again? Why do I always believe your explanations?
Really? With such a low CPI, will the Federal Reserve really cut interest rates? Don't fool me.
Such strong spot buying? Why am I still holding a position? That's hilarious.
Is regulatory improvement a new trick? You've said that before.
I'm optimistic, but I'll cut my losses and stay safe first.
If 100k really comes, I'll eat noodles live on my stream.
Bitcoin breaks through $95,000, macroeconomic stabilization drives a rebound in the crypto market
【Crypto World】Bitcoin has recently experienced a significant surge, with the price reaching around $95,000, a short-term increase of 5%. This rally has driven the entire crypto market, with the total market capitalization growing by 4.45%, and Bitcoin accounting for as much as 61% of it.
What triggered this rally? Mainly, it’s the change in signals from the US economy. The latest CPI data shows a year-on-year increase of 2.7%, which aligns perfectly with market expectations; more notably, the core CPI has fallen to 2.6%, hitting a near five-year low. These figures send a signal to the market — the Federal Reserve might consider cutting interest rates.
The policy environment in the cryptocurrency sector is also improving, with related regulatory bills progressing smoothly, further boosting investor optimism. Strong spot purchase demand has become the main driving force behind the rally. Many strategists are optimistic about the future, believing Bitcoin could reach $100,000 in the short term. An increasing number of people are viewing Bitcoin as a macro hedge asset, reflecting a shift in market sentiment.