Bitcoin hit a three-week high near $115,500 after U.S. CPI met expectations at 2.9%, bolstering bets on a Fed rate cut. ETF inflows and easing inflation pressures supported the rally, though resistance above $116K capped gains. Analysts see strong support at $113,700 and potential upside toward $118K–$120K.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets