Bitcoin Near $110,000 Amid Institutional Buying Ahead of U.S. Inflation Data and Fed Rate Outlook
The post Bitcoin Near $110,000 Amid Institutional Buying Ahead of U.S. Inflation Data and Fed Rate Outlook appeared on BitcoinEthereumNews.com.
Bitcoin is trading near two-week highs around $110,000 as investors closely monitor upcoming U.S. inflation data that could influence Federal Reserve interest rate decisions. Institutional buying and strategic positioning have supported Bitcoin’s price, with key market players like Strategy and Japan’s Metaplanet increasing their Bitcoin reserves amid broader macroeconomic developments. According to crypto analyst Rachael Lucas from BTC Markets, “The current rally is less speculative and more structurally driven than in past cycles,” highlighting the growing role of institutional capital and ETFs in sustaining buying momentum. Bitcoin nears $110,000 as investors await U.S. inflation data; institutional buying and ETF inflows support sustained momentum amid evolving macroeconomic conditions. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); Bitcoin Price Stability and Institutional Support Amid Inflation Data Anticipation Bitcoin has maintained a strong position above the $110,000 mark, buoyed by sustained institutional demand and cautious investor sentiment ahead of critical U.S. inflation figures. The cryptocurrency reached a session high of $110,237 and is currently trading near $109,900, reflecting a 4.2% gain over the past week. This performance keeps Bitcoin close to its May 22 peak of $111,814, according to CoinGecko data. The market is awaiting the Consumer Price Index (CPI) report for May, expected to reveal a 0.3% month-over-month increase in core CPI and a 0.2% rise in headline CPI, with a year-over-year rate of 2.4%, as forecasted by MarketWatch. These inflation…
Filed under: News - @ June 11, 2025 2:25 am