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Crypto Market Sees Renewed Confidence as Bitcoin Nears $112,000
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Bitcoin’s climb to $111,545 reflected stronger investor conviction in digital assets, supported by easing inflation and speculation around near-term US rate cuts.
Amid expectations of monetary easing, Bitcoin advanced 1% to $111,545, extending its weekly gains. Traders pointed to falling US inflation as a catalyst for renewed demand across digital assets. Broader cryptocurrencies including Ethereum and Solana also strengthened, indicating a risk-on tone in decentralized markets. Analysts highlighted that macroeconomic conditions are once again influencing crypto cycles. With institutional inflows rising and volatility easing, Bitcoin’s latest rally reinforced its role as an inflation hedge in an uncertain policy environment.