Bitcoin rises 2% to $93,500 after inflation data increased chances of further rate cuts

2026-01-13 21:13:13

Source: CryptoNewsNet Original Title: Bitcoin rises 2% to $93,500 after inflation data increased chances of further rate cuts Original Link: Bitcoin climbed past $93,500 on Tuesday, gaining more than 2% in 24 hours, as investors responded to a mix of steady inflation data, political instability, and renewed interest in crypto as a macro hedge.

The move follows a brief dip earlier, with BTC rebounding from weekend support levels around $91,000. U.S. Consumer Price Index (CPI) data released earlier showed that December inflation held steady at 2.7% as expected, with the core CPI coming in lower than analyst consensus.

Altcoins followed BTC’s move, with ether rising 1.7% to $3,185 and BNB up over 1.5%. Gold has continued to advance, breaching the $4,600 mark. The modest rally in crypto prices happened while the S&P 500 and Nasdaq indexes slipped roughly 0.2% lower through the session.

BTC3,05%

BNB3%

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