Bitcoin Breaks $95K as Inflation Data Sparks Risk-On Rally

Group 1 - Bitcoin price surged above $95,000 following lower-than-expected US inflation data, with BTC climbing over 4% in 24 hours and altcoins like Ethereum, Solana, and Cardano gaining nearly 8% [1][2] - The decline in inflation leads to cheaper borrowing costs, encouraging investors to return to risk assets such as cryptocurrencies [2][3] - Bond yields fell and the dollar weakened, prompting cash to seek new investment opportunities, with Bitcoin being viewed as a hedge against central bank uncertainty [3] Group 2 - Over $688 million in crypto futures positions were liquidated in one day due to the price surge, primarily affecting traders who were betting against the market [4] - New investors are cautioned against emotional buying during sharp rallies, with a recommendation to focus on spot buying rather than leveraged trading [5] - Bitcoin is nearing price levels that previously triggered significant selling, and the rapid rebuilding of leverage in derivatives markets could lead to increased volatility [6][7]