Bitcoin Hits Lowest Point in a Week

In a surprising turn of events, Bitcoin's value dropped below $95,000, marking its lowest point since February 3. This decline comes in the wake of the latest CPI report, which revealed that annual inflation rose to 3% in January, significantly deviating from the Federal Reserve's 2% target.

Despite this setback, Bitcoin has shown remarkable resilience over the past year, with an overall increase of nearly 60%. However, its growth in 2025 has been modest, with only a 1.6% gain.

Market Reaction

At 9:19 am ET, Bitcoin experienced a 0.97% drop, bringing its price down to $94,844.781. Ethereum wasn't spared either, witnessing a 0.70% decrease at the same time, settling at $2,584.61.