Bitcoin surged to 93,500 USD on Tuesday, bouncing back from a dip to 90,000 USD on Monday. The CPI report indicated a 2.7% YoY inflation rate, strengthening investor confidence in the Federal Reserve’s policies.
Following Bitcoin’s rise, major cryptocurrencies such as Ether, which climbed to about 3,200 USD, Solana reaching 143 USD, and XRP rising to 2.1 USD also experienced significant increases.
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