💡Bitcoin Targets $110K After Soft CPI Sparks Rally 🚀
Bitcoin (BTC) has surged past $104K after the April U.S. CPI came in at 2.3% — the lowest since 2021. This cooler-than-expected inflation print is boosting investor confidence and reigniting bullish momentum ahead of the Fed’s next move.
Key Market Highlights:🔑
🟢 CPI Cools: April CPI at 2.3% YoY, easing inflation concerns.
💰 BTC Breakout: Price jumps above $104K, reaffirming $110K target.
📉 Rate Cut Hopes: Market pricing in higher chances of Fed cuts in H2 2025.
🔥 Renewed Interest: Rising inflows into BTC spot ETFs and institutional accumulation.
All eyes now on the Fed — but bulls are clearly back in control.
