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Bitcoin price nears $100K as US dollar dips on CPI relief

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Bitcoin price nears 0K as US dollar dips on CPI relief
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Bitcoin price nears $100K as US dollar dips on CPI relief

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Source: Coin Telegraph

Bitcoin nears a reclaim of six figures as BTC price strength gets a fresh US macro data boost.

Bitcoin (BTC) hit weekly highs around the Jan. 15 Wall Street open as fresh US macro data calmed market nerves over inflation.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD nearly reaching $100,000 on Bitstamp.

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Author: William Suberg

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