On February 12, 2025, it became known that inflation in the United States continued to rise. The published data showed an increase in the consumer price index to 3% in annual terms.
This news caused a sharp drop in the Bitcoin exchange rate, which fell to $94,000. Despite a slight recovery, the price of the cryptocurrency continues to fluctuate near this level. The futures market also reacted to this news, the volume of liquidations reached a significant amount, and most of the losses were incurred by those who bet on the growth of Bitcoin.
Earlier, one of the well-known experts suggested that in the event of a serious increase in inflation, Bitcoin could reach the $1 million mark.
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