Bitcoin Soars Past $115K Post-CPI Surge and Pre-FOMC Frenzy as BNB and HYPE Shatter All-Time Highs: Your Weekly Crypto Rundown
Markets roar as inflation data fuels crypto's relentless climb—traditional finance scrambles to keep pace.
Bitcoin's Monumental Breakthrough
Smashing through the $115K barrier wasn't just a number—it was a statement. CPI figures dropped, and BTC didn't just react; it launched. All while Wall Street hedges bets ahead of another FOMC meeting that'll likely leave them playing catch-up.
BNB and HYPE: Not Just Riding Coattails
While Bitcoin grabs headlines, BNB and HYPE aren't background noise. They're breaking records too—proving this rally has breadth, not just breath. No flukes here; just relentless momentum shaking out the weak hands.
The Fed's Dilemma: Fight Inflation or Embrace Innovation?
As policymakers debate rates, crypto markets are already voting—with billions in volume. Traditional finance might still be wondering whether to regulate or participate, but the train isn't waiting. Another week, another reminder: you can't short the future.
And hey—if your broker still thinks 'diversification' means 60/40 stocks and bonds, maybe show them this chart. If they get it, great. If not? Well, there's always gold.
Market Data
Market Cap: $4.1T | 24H Vol: $151B | BTC Dominance: 55.8%
BTC: $114,950 (+1.6%) | ETH: $4,520 (+1.5%) | XRP: $3.04 (+6%)
This Week’s Crypto Headlines You Can’t Miss
. This week marked the brutal murder of one of the most popular US conservative activists, Charlie Kirk. Staying true to its nature, the cryptocurrency community was quick to ramp up the number of tokens related to the deceased and capitalize on the situation.
. CryptoQuant data indicates that BTC miners have adjusted their strategy for dealing with the asset, opting to hold larger portions of their newly mined units instead of selling them during price rallies.
. A popular analyst warned retail investors that whales might have artificially engineered rallies for some altcoins ahead of the highly anticipated FOMC meeting next week, only to dump their holdings after its conclusion.
. It has been four years since the Nayib Bukele-led small nation made history by becoming the first country to legalize Bitcoin officially. El Salvador celebrated the occasion with a 21 BTC purchase despite the IMF restrictions.
. Although many experts are adamant that XRP will have its own ETFs by the end of the year, the US SEC continues to delay making a decision on various applications. The latest to face such a setback was Franklin’s filing.
. The Market Value to Realized Value metric dipped below its 365-day simple moving average, which raised certain questions about the state of the current bull market. A new report indicated that BTC has evolved into a “staircase-like” bull cycle instead of a parabolic asset.
Charts
This week, we have a chart analysis of Ethereum, Ripple, Cardano, Binance Coin, and Hyperliquid – click here for the complete price analysis.
