Crypto News and Headlines

Bitcoin Spikes to $92,500 as U.S. December Consumer Prices Rise 0.3%

The U.S. Consumer Price Index for December rose 2.7% year‑over‑year, exactly matching expectations, while core CPI increased 2.6% YoY. The data kept the market’s focus on the Federal Reserve, with a 95% probability that rates will stay unchanged at the January meeting. Bitcoin responded by spiking to $92,500, briefly breaching the $92k level before settling near $91,830, marking a 1.1% gain in 24 hours. Meanwhile, U.S. stock futures edged higher and the 10‑year Treasury yield slipped to 4.175%.