Bitcoin Officially Breaks $91,000 Peak Amid CPI Data Release ...Middle East

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Bitcoin Officially Breaks $91,000 Peak Amid CPI Data Release
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Bitcoin has broken the $90,000 level today amid U.S. inflation data, with analysts citing the potential for $100K as the next target. The latest U.S. Consumer Price Index (CPI) report reveals a spike in inflation, adding volatility to Bitcoin’s price trajectory. This critical data release has had market participants on edge, as it was expected to disrupt the cryptocurrency’s recent two-day stability. For instance, in a post earlier today, Michaël van de Poppe, Chief Investment Officer at MNConsultancy, noted that Bitcoin hovered around $87,000, while altcoins were under intensified selling pressure amid anticipation of the inflation report. Van de Poppe identified $80,000 as an ideal entr

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