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šŸš€ Ether & Dogecoin Surge, Bitcoin Defends $118K as CPI Data Ignites Rate Cut Frenzy

šŸš€ Ether & Dogecoin Surge, Bitcoin Defends $118K as CPI Data Ignites Rate Cut Frenzy

Author:
CoindeskEN
Published:
2025-07-16 05:31:52
18
1

Ether, Dogecoin Lead Modest Market Gains, Bitcoin Holds $118K as CPI Print Fuels Rate Cut Bets

Crypto markets flex bullish momentum as inflation data reshapes Fed expectations.

Altcoins steal the spotlight

Ether and Dogecoin lead charge with double-digit gains—because nothing says 'serious investment' like a meme coin rally. Meanwhile, Bitcoin stands firm at $118K, proving even digital gold gets inflation jitters.

CPI prints the market's script

Traders pile into risk assets after cooler-than-expected numbers. Wall Street analysts suddenly remember how to spell 'dovish' as Fed funds futures price in cuts. Because clearly, six months of economic data can be undone by one report—just ask the algo traders.

The institutional shuffle

Hedge funds rotate into crypto faster than a DeFi yield farmer chasing APY. Traditional finance finally admits what crypto natives knew: when the money printer sneezes, digital assets catch the bid.

As the banking sector frets over narrowing margins, Bitcoin's 2025 performance quietly laps every 'conservative' fixed-income product. But sure, keep arguing about bond duration.

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