Latest / Chain Reaction by Capital Copilot
Bitcoin Breaks $95K as Markets React to Inflation Data and Regulatory Progress
Bitcoin surged past $95,000 hitting a two-month high as U.S. inflation data came in as expected, triggering massive short liquidations and rekindling institutional interest. The rally comes amid significant regulatory developments including the Senate's advancement of the CLARITY Act, which would grant major cryptocurrencies like XRP, Solana, and Dogecoin the same legal status as Bitcoin. Meanwhile, corporate treasuries continue aggressive accumulation, with companies buying Bitcoin at three times the rate miners produce it. Ethereum gained over seven percent while privacy coins like Monero…
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