$BTC Bitcoin Reclaims $94K as Inflation Data Calms Markets
Bitcoin pushed above $BTC $94,000 on Tuesday (13) after new U.S. inflation figures showed that price pressures remain contained. The move points to a renewed appetite for risk assets following weeks of selling pressure, much of which was driven by ETF-related outflows.
The latest Consumer Price Index (CPI) report confirmed that inflation continues to rise at a controlled and steady pace. Prices are no longer surging aggressively, but they are also not falling sharply. This balance lowers the probability of additional interest rate hikes and creates a more supportive environment for assets that thrive under stable liquidity conditions — including Bitcoin.
Annual inflation is now hovering around 2.7%, well below the extreme levels seen during the 2022–2023 inflation shock. While inflation remains above the Federal Reserve’s 2% target, its gradual pace gives policymakers room to maintain current interest rates rather than tighten further.
For consumers, this still translates into elevated living costs, though without rapid acceleration. For financial markets, however, it’s a constructive backdrop. When inflation neither spikes nor collapses, investors tend to feel more comfortable allocating capital to risk assets such as equities and cryptocurrencies.
Bitcoin responded swiftly to the data. After trading close to $90,000, the price gained momentum as CPI figures eased concerns around aggressive monetary tightening.
More than just a macro-driven bounce
Bitcoin’s move wasn’t fueled by inflation data alone. The rally came as BTC was already showing signs of stabilization following a sharp correction linked to ETF flows.
Earlier this month, more than $6 billion exited U.S. spot Bitcoin ETFs as investors who bought near October’s highs chose to reduce exposure after the pullback. Since then, ETF outflows have slowed significantly.
Bitcoin is now trading close to the average ETF cost basis, estimated near $86,000 — a level that is increasingly acting as support after weaker hands exited the market.
Meanwhile, U.S.-based demand, tracked through the Coinbase Premium Index, remains moderate, reflecting reduced institutional activity following ETF liquidations. Despite this, Bitcoin has managed to hold its range even as large volumes moved onto exchanges.
This suggests that global buyers are steadily absorbing the supply released by ETFs.
With selling pressure easing and macro conditions stabilizing, the question now becomes: is Bitcoin preparing for another attempt at $100,000?
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