Bitcoin hits 100,000 USD again: As of December 11, Bitcoin (BTC) surged to 100,000 USD, up nearly 4%, thanks to positive U.S. Consumer Price Index (CPI) results. Traders are now focusing on the next target of 110,000 USD, driven by market Optimism.
Market sentiment towards rate cut: Expectations of a 0.25% Federal Reserve rate cut are fueling market positivity, with 86% of Federal Reserve watchers anticipating this decrease. Kalshi predicts a 95% likelihood of the cut, further strengthening Bitcoin’s outlook.