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 116,300 earlier in the trading session. “I think this week’s price action has been driven by growing ...