Bitcoin Slumps Below $95K as U.S. Inflation Rises Faster Than Expected
The latest U.S. Consumer Price Index (CPI) data came in hotter than expected, triggering sharp declines in both crypto and traditional markets. Headline inflation rose 0.5% in January, surpassing the anticipated 0.3%, while core CPI—which excludes food and energy—climbed 0.4% against a forecast of 0.3%. On a year-over-year basis, CPI