Softer CPI Spurs Bitcoin Rally Above $110K, Altcoins Remain Flat
A cooler-than-expected Consumer Price Index (CPI) reading rekindled risk appetite in crypto markets, pushing Bitcoin (BTC $111,515.59) above $110,000. Ether (ETH $3,936.55) followed modestly higher, nearing $4,000, while most altcoins continued to underperform.
Investor focus remains heavily on Bitcoin, with CoinMarketCap’s “altcoin season” indicator dropping to its lowest level in more than 90 days, signaling rising Bitcoin dominance and waning momentum among smaller tokens.
