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Crypto Bounces Back After CPI Stumble - How Far Will BTC, ETH, & Altcoins Rise?

Author

Austin Hodge
February 13, 2025 • Read Time: 11 minutes

In the ever-evolving landscape of digital currency, it's not just chilly weather that's making Bitcoin shiver. With the latest US inflation report showing a hotter-than-anticipated jump to 3%, the king of crypto slipped 1.3% to a low of $94,081. As investors scramble over the economic implications, questions arise about Bitcoin's reliability as an inflation hedge. The Federal Reserve's cautious policy stance keeps the market on its toes, with Chairman Powell signaling no urgency to adjust interest strategies despite calls for relief. Could this be the new normal for Bitcoin's volatility dance? Let's dive in!

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