Bitcoin rises 2% to $93,500 after inflation data increased chances of further rate cuts

Bitcoin experienced a notable increase of 2%, bringing its price up to $93,500, following the release of inflation data that suggested a heightened likelihood of further interest rate cuts by the central bank. This uptick in cryptocurrency value can be attributed to investor sentiment reacting positively to the potential for a more accommodative monetary policy environment, which often benefits assets like Bitcoin. source: https://www.coindesk.com/markets/2026/01/13/bitcoin-rises-2-to-usd93-500-after-inflation-data-increased-chances-of-further-rate-cuts