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Bitcoin Slides To $94,000 After CPI Surprise – Will The Downtrend Continue? Newsbtc 7時間前

Bitcoin Slides To $94,000 After CPI Surprise – Will The Downtrend Continue? 📉

Bitcoin (BTC) has dropped to $94,088 following a hotter-than-expected Consumer Price Index (CPI) report in the US, impacting both equity and crypto markets negatively. The CPI increased by 0.5% in January, exceeding the anticipated 0.3%, further causing concern for the crypto market that was already affected by geopolitical tensions.

Analysts foresee potential further drops as the market anticipates reduced interest rate cuts from the Federal Reserve in 2025. Federal Reserve Chair Jerome Powell emphasized that rate cuts remain unlikely in the foreseeable future, contributing to market unease.

Investment expert HurryNFT highlights ongoing friction between the Federal Reserve and Donald Trump, which may continue to pressure Bitcoin’s price. Yet, alternate analyses suggest a possible BTC surge under the Trump administration. Bitcoin currently stands at $95,240.

出典: www.newsbtc.com ↗