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Bitcoin Price Closes in on All-Time High as Traders Await Key Inflation Data
decrypt.co/334418/bitcoin-price-all-time-high-traders-await-key-inflation-data
In brief
- Bitcoin has rebounded 4.5% since Saturday, nearing its mid-July record of $122,838.
- Derivatives data shows a jump in open interest, pointing to a surge in leveraged long bets.
- Traders are watching Tuesday’s CPI release for clues on potential Fed rate cuts.
Bitcoin is…
This story appeared on decrypt.co, 2025-08-11 05:15:18.429000.