Bitcoin price

Bitcoin Surges to New Heights: What’s Driving the Momentum? The world’s largest cryptocurrency, Bitcoin, has once again surged past the $100,000 mark, riding on the back of favorable economic developments and shifts in the regulatory landscape. As of December 12, Bitcoin's price rally aligns with market expectations of an interest rate cut by the U.S. Federal Reserve, fueled by the latest inflation data, according to a Bloomberg report. This milestone represents another chapter in Bitcoin’s volatile yet upward trajectory, as it continues to capture the attention of investors and institutions alike. Impact of U.S. Inflation Data The recent U.S. inflation…