Bitcoin prices rose to near-record levels after US inflation data boosted global markets and reduced concerns about the Federal Reserve’s monetary policy path. Traders await US President-elect Donald Trump’s inauguration and expected policy changes, but for now, digital assets are benefiting from cooling inflation figures.
Source: https://www.bloomberg.com/news/articles/2025-01-16/bitcoin-btc-tops-100-000-mark-as-angst-over-fed-eases