news 
Bitcoin Surges Above $84K After U.S. CPI Data Sparks Relief
March 13, 2025 – The price of Bitcoin has surged past $84,100 after the United States’ Consumer Price Index (CPI) data showed inflation had slowed down to 2.8% in February, easing fears of aggressive Federal Reserve rate hikes.
The sudden surge was a major upward trend that occurred on March 12, 2025, following the CPI report’s release. The data revealed an annual inflation rate of 2.8%, which was slightly below the forecasted 0.9%. Bitcoin’s value rose by over 3% shortly after the announcement and reached a new high of $84,100.
Financial markets responded positively to the news, with traditional stock indexes such as the Nasdaq 100 and S&P 500 also experiencing increased values. This surge in Bitcoin’s price and subsequent growth across financial markets signals growing investor confidence in risk assets.
Historically, Bitcoin has acted as a hedge against traditional markets, but recent market movements suggest it is mirroring the performance of these same indexes. It seems that Bitcoin is now following the trajectory of the stock market.
Experts predict that the cryptocurrency’s market rebound will be fueled by anticipated Federal Reserve rate cut policies in response to these slower inflation numbers.
Source: https://cryptotale.org/bitcoin-surges-above-84k-after-u-s-cpi-data-sparks-relief/
