🟩Bitcoin surged above $116,000 following the release of U.S. inflation data. The August CPI came in line with forecasts, while a slowdown in PPI and a rise in jobless claims reinforced expectations of an upcoming rate cut. Investors are increasingly betting on a more dovish monetary policy — a trend that traditionally benefits risk assets.
🟩The crypto market reacted with optimism: traders highlighted the transformation of $113,500 into support and see potential for testing all-time highs. Moderate inflation numbers, combined with signs of labor market weakness, create a favorable backdrop for Bitcoin’s continued growth — especially if the Fed confirms a policy shift at its September 17 meeting.