$BTC

Bitcoin tops $103,000 as softer US inflation boosts rate cut hopes

Bitcoin surpassed $103,000 as U.S. inflation data eased, fueling hopes for Federal Reserve rate cuts. The crypto market capitalisation increased, with altcoins like Ethereum and Dogecoin leading the gains. Analysts suggest Bitcoin faces resistance at $105,000, but a break above could lead to $110,000, supported by growing market optimism.