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Bitcoin Cointelegraph

Bitcoin spikes to $112K on soft US CPI data as S&P 500 hits record high

Bitcoin flipped volatile as CPI data came in lower than expected, but failed to follow stocks as they hit fresh all-time highs on Fed rate-cut optimism.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin spikes to $112K on soft US CPI data as S&P 500 hits record high

Bitcoin flipped volatile as CPI data came in lower than expected, but failed to follow stocks as they hit fresh all-time highs on Fed rate-cut optimism.

Why this matters

This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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