#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 $91,000. U.S. Consumer Price Index (CPI) data released earlier showed that December inflation held steady at 2.7% as expected, with the core CPI coming in lower than analyst consensus.$BTC
BTC
94,893.91
+3.12%