Bitcoin Up To $99,000 ‘Is Loving’ Inflation Data Release, XRP, Dogecoin Follow Higher
Posted On January 15, 2025
Bitcoin (CRYPTO: BTC) is eyeing a march toward the $100,000 mark following CPI data that aligned with market expectations.
What Happened: The report has rekindled optimism across markets, with the S&P 500 index – as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY) – gaining 1.7%.
Major cryptocurrencies have surged across the board:
| Cryptocurrency | Price | Gains +/- |
| Bitcoin (CRYPTO: BTC) | $99,251.48 | +2.6% |
| Ethereum (CRYPTO: ETH) | $3,304.57 | +3.1% |
| Solana (CRYPTO: SOL) | $194.45 | +4% |
| XRP (CRYPTO: XRP) | $2.97 | +15.4% |
| Dogecoin (CRYPTO: DOGE) | $0.367 | +4.6% |
| Shiba Inu (CRYPTO: SHIB) | $0.00002198 | +2.4% |
Trader Notes: Lark Davis, a Bitcoin investor …
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