Trade
Basic
Futures
Futures
Hundreds of contracts settled in USDT or BTC
Options
HOT
Trade European-style vanilla options
Unified Account
Maximize your capital efficiency
Demo Trading
Futures Kickoff
Get prepared for your futures trading
Futures Events
Participate in events to win generous rewards
Demo Trading
Use virtual funds to experience risk-free trading
Earn
Launch
CandyDrop
Collect candies to earn airdrops
Launchpool
Quick staking, earn potential new tokens
HODLer Airdrop
Hold GT and get massive airdrops for free
Launchpad
Be early to the next big token project
Alpha Points
NEW
Trade on-chain assets and enjoy airdrop rewards!
Futures Points
NEW
Earn futures points and claim airdrop rewards
Investment
Simple Earn
Earn interests with idle tokens
Auto-Invest
Auto-invest on a regular basis
Dual Investment
Buy low and sell high to take profits from price fluctuations
Soft Staking
Earn rewards with flexible staking
Crypto Loan
0 Fees
Pledge one crypto to borrow another
Lending Center
One-stop lending hub
VIP Wealth Hub
Customized wealth management empowers your assets growth
Private Wealth Management
Customized asset management to grow your digital assets
Quant Fund
Top asset management team helps you profit without hassle
Staking
Stake cryptos to earn in PoS products
Smart Leverage
NEW
No forced liquidation before maturity, worry-free leveraged gains
GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
More
Trending Topics
View More3.38K Popularity
31.26K Popularity
11.08K Popularity
748 Popularity
219 Popularity
Pin
Bitcoin rebounds to $93.5K after CPI release, reversing Monday's dip
Source: CryptoNewsNet Original Title: Bitcoin rebounds to $93.5K after CPI release, reversing Monday’s dip Original Link: Bitcoin surged past $93.5K on Tuesday, rebounding sharply from a Monday morning dip to $90K, as investors responded to fresh US inflation data and shifting political sentiment.
The latest CPI report showed prices rose 2.7% year-over-year in December, matching November and consensus expectations. The tame reading bolstered confidence in the Fed’s current policy path, with the CME FedWatch Tool now assigning a 97% probability that the central bank will hold rates steady at its late January meeting.
While markets initially reacted to Friday’s news that Fed Chair Jerome Powell had been subpoenaed by the DOJ, the weekend rally to $92K quickly faded. However, Tuesday’s move suggests Bitcoin is regaining momentum as a hedge against political risk and macro uncertainty.
As Bitcoin rose 3.5% from Monday’s lows, major crypto assets followed: Ether climbed to nearly $3.2K, Solana to $143, and XRP rose to $2.1 over the past 24 hours.
Among standout movers, Story Protocol’s IP token surged 48%, while Monero (XMR) jumped 15% to a new all-time high near $700, now up over 50% in the past week.