Bitcoin breaks $114,000, traders follow U.S. Consumer Price Index for Clues: Crypto Daybook Americas
Source: CoinWorld
Time: 2025-09-11 19:24:17
Bitcoin rose 1.4% to $114,011.63 as investors are awaiting U.S. Consumer Price Index data that could impact Fed rate cut expectations. Polymarket bettors see a 79% chance of a 25 basis point cut this month. Spot Bitcoin and Ethereum ETFs attracted a net inflow of $928 million, with the Bitcoin price hitting $114,000 for the first time since August. Analysts warn of the risk of stagflation, while QCP Capital believes Bitcoin may be bottoming out. Geopolitical tensions have exacerbated uncertainty, with NATO fighter jets dispatched urgently after Russia violated airspace.