Bitcoin Crosses $114,000 as US PPI Report Lifts Rate Cut Hopes
Bitcoin held steady at $114,000 (roughly Rs. 1 crore) on Thursday as softer US producer price data at 2.6 percent boosted hopes of a Fed rate cut next week. Analysts highlighted that consistent inflows into spot Bitcoin ETFs, nearly $1 billion so far this week, also supported sentiment. Ethereum surged to $4,400 (roughly Rs. 3.8 lakh), while major altcoins, including Solana, Dogecoin, and XRP, saw muted moves as traders awaited key macroeconomic cues.
