Softer CPI Boosts Bitcoin Above $110K as Altcoins Struggle
A cooler-than-expected U.S. CPI reading revived appetite for risk in crypto markets, sending Bitcoin (BTC $111,515.59) back above $110,000. Ether (ETH $3,936.55) also edged higher, approaching the $4,000 level, while most altcoins lagged behind.
Market sentiment remains strongly Bitcoin-centric. CoinMarketCap’s “altcoin season” indicator fell to its lowest point in over 90 days, highlighting continued Bitcoin dominance and subdued momentum across smaller tokens.
About The Author
More Stories
Bitcoin slips below $70,000 as crypto selloff intensifies ahead of the U.S. equity open.
Bitcoin rebounds above $71,000 as tech stock selloff eases.
Bhutan shifts bitcoin to trading firms and exchanges as BTC slides toward $70,000.