Bitcoin Climbing as US Inflation Remains Steady
Bitcoin, the world’s leading cryptocurrency, has surpassed the $93,000 mark for the first time in a week. This surge, a 2% increase in the past 24 hours, has captured the attention of investors and analysts alike. At the time of writing, Bitcoin is trading at $93,406, according to data from CoinGecko.
This increase corresponds with a rise in trading volume, which jumped an impressive 20% to $88.9 billion, as reported by CoinGlass. The cryptocurrency market has shown resilience despite cautious behavior from traders, with many keeping an eye on upcoming economic developments.
US Inflation Report Remains a Key Factor
The U.S. Bureau of Labor Statistics recently released data reporting a 0.3% increase in consumer prices for December 2025, translating to an annual inflation rate of 2.7%. This steady inflation level aligns with the Federal Reserve’s historical targets, and the market appears unfazed by the announcement.
Bitcoin’s steady climb amid an inflation-neutral environment has sparked optimism among prediction market analysts. On Myriad, a platform owned by Decrypt’s parent company, investors now estimate an 80% probability that Bitcoin will reach the coveted $100,000 mark within the near term.
Why Trading Volume Matters but May Not Be Enough
Despite the positive sentiment, analysts remain cautious, pointing to a deteriorating cumulative volume delta (CVD), a key metric in tracking buyer and seller activity. According to Glassnode’s recent report, “Though trading volume has rebounded modestly, the fall in CVD indicates rising sell-side dominance. Traders are adopting a defensive stance, even as liquidity begins to return.”
Market sentiment, quantified by the Crypto Fear & Greed Index, also reflects this dual narrative. Although it has improved from “Extreme Fear” a month ago to “Fear,” it still indicates significant uncertainty among market participants.
Upcoming Supreme Court Decision: A Game Changer?
Adding to the market’s cautious tone is the anticipated U.S. Supreme Court ruling on former President Trump’s tariff policies. Expected imminently, the decision could create ripples across equities and cryptocurrency markets. Analysts at QCP Capital have noted that such macroeconomic events often influence cross-asset positioning and risk sentiment.
Investors will closely monitor this ruling, as it holds the potential to shape near-term market dynamics.
The Future of Bitcoin: Is $100K Achievable?
Bitcoin’s recent performance has rekindled hopes of reaching new record highs. With prediction markets and trading volumes suggesting sustained interest, breaking past $100,000 may no longer sound far-fetched. However, traders and investors alike must remain vigilant of wider market and economic factors.
If you’re looking to store or trade cryptocurrency like Bitcoin, consider tools like the Ledger Nano X, a secure hardware wallet for managing digital assets. [Affiliate link]
