Bitcoin price rises 2.02% as inflation data cools, boosting investor risk appetite
Bitcoin is trading at $121,510.30, up 2.02% on 13 August 2025. The largest cryptocurrency extends recent gains after fresh inflation figures indicate price pressures are abating, encouraging appetite for risk assets across financial markets.
Highlights
- Bitcoin trades at $121,510.30, up 2.02% on 13 August 2025, as risk appetite rises following softer-than-expected U.S. inflation data.
- Market optimism increases due to U.S. headline and core inflation figures coming in below consensus, reducing expectations for further monetary tightening.
- Technical analysis indicates no clear support or resistance levels at current Bitcoin valuations, leaving price action open amid improving risk sentiment.
U.S. inflation data released earlier in the day shows a continued cooling trend, with headline and core numbers both coming in below consensus forecasts. Investors interpret the data as reducing the likelihood of further aggressive monetary tightening by central banks, prompting renewed interest in digital assets and other higher-risk segments.
Technical analysis points to an absence of clear support or resistance levels at current valuations. Recent price action has seen Bitcoin trade in broader ranges, with little evidence of decisive technical barriers in the near term.
Market sentiment appears generally bullish as traders respond to signs of easing inflation. Softer inflation numbers worldwide have fostered optimism for a more accommodative policy environment, underpinning digital-asset flows.
If inflation continues to trend lower in coming months, Bitcoin may attract additional inflows from investors seeking growth as risk tolerance improves. Conversely, a renewed spike in inflation or a shift in monetary policy stance could put downward pressure on the cryptocurrency.
Overall, Bitcoin’s latest advance reflects a supportive macro backdrop, as moderating inflation data bolsters risk-taking across the digital asset space.
Bitcoin (BTC) is currently trading near $119,940—up about 0.9% intraday—within a day’s range between $118,249 and $120,213, showing steady movement while its dominance remains robust. Market sentiment is bullish as Ethereum’s rally has outpaced Bitcoin’s performance, powered by institutional buy-ins and optimism around potential ETH ETFs and macroeconomic factors.
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