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.
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