Bitcoin Nears $100K as Stagflation Fears Boost Crypto Momentum

Bitcoin has surged toward the $100,000 mark, gaining nearly 30% in April amid growing fears of U.S. stagflation and economic uncertainty. The cryptocurrency’s rally comes as GDP data signals contraction and inflation remains elevated, pressuring the Federal Reserve ahead of its next rate decision. Analysts predict the Fed may resume rate cuts by June, a move expected to inject liquidity into risk assets like bitcoin. “This environment favors crypto,” said Tracy Jin of MEXC. With bitcoin outperforming traditional markets, investors increasingly view it as a hedge against inflation and geopolitical volatility. Binance users are closely watching for breakout momentum.