$BTC

Bitcoin (BTC) is experiencing notable volatility today, trading around $102,662.30. This fluctuation is largely influenced by the anticipation of the US Consumer Price Index (CPI) data release. A softer CPI print could boost BTC prices on hopes of interest rate cuts, while a higher-than-expected number might strengthen the dollar and weigh on crypto prices.

Despite the dip, institutional demand remains strong, with significant corporate acquisitions Traders should brace for sharp price movements as the market reacts to the CPI data and broader macroeconomic trends.