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Bitcoin has surged following lower-than-expected CPI data, fueling speculation of a Federal Reserve rate cut. Altcoins like Ethereum and Solana have mirrored BTC’s gains, while market optimism grows.
- Bitcoin rose 4.4% in a week, nearing $110,000, as CPI data showed lower-than-expected inflation (2.4%).
- Analysts predict Fed rate cuts could boost Bitcoin and altcoins, with ETH and SOL gaining 7% weekly.
- Market optimism persists, but a reversal risk remains if upcoming economic data disappoints.
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