Bitcoin Posts Modest Gains After February CPI Inflation Comes In Cooler Than Expected

The content includes an article about Bitcoin (BTC) recording slight gains after the Consumer Price Index (CPI) inflation rate for February came in lower than expected. The article discusses how the softer inflation reading has fueled hopes of interest rate cuts by the US Federal Reserve (Fed), potentially benefiting risk-on assets.

Additionally, the article mentions that BTC posted modest gains following the data release, climbing from approximately $81,000 to $84,500. It also highlights the decline in BTC last month after CPI data came in hotter than expected, and how US President Donald Trump’s economic policies have impacted digital assets.

Furthermore, the article projects a recovery for BTC and other cryptocurrencies in the later quarters of 2025, with industry experts suggesting that central banks may resort to quantitative easing to stabilize stock markets, helping risk-on assets recover their losses. Analysis also forecasts BTC reaching $180,000 by 2026, with a weakening US dollar likely to hasten the price recovery.

Overall, the article provides insights into the current market trends and potential future movements in the cryptocurrency space.