Bitcoin, ether rise as inflation data does little to alter Fed interest rate outlook
60-second summary
Bitcoin and Ether climb as inflation data leaves the Federal Reserve’s rate path unchanged, with headline CPI rising on energy costs while core inflation eases, analyst Lewis Huang of Bitget notes. The crypto rally reflects investors’ confidence that higher rates are unlikely, supporting bullish momentum and suggesting continued price gains across the digital‑asset market.
Bitget analyst Lewis Huang noted the divergence between headline inflation accelerating on energy while core inflation continues to ease.