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Bitcoin Briefly Swells to $116K as Macro Tailwinds Lift Trader Sentiment
Yahoo Finance·2025-09-12 10:51

Bitcoin’s bullish start to the week extended on Thursday, hitting a 19-day high, with experts citing slightly cooler inflation data as a tailwind ahead of the Federal Reserve’s September 17 rate cut decision. The top crypto is up 1.5% in the past 24 hours, per CoinGecko data, extending Wednesday’s push that ended a two-week consolidation. Bitcoin is currently trading at 115,680afterclimbingtojustabove115,680 after climbing to just above 116,300 earlier in the trading session. “I think this week’s price action has been driven by growing ...