Odaily Report: 21Shares cryptocurrency research strategist Matt Mena attributed the rise in Bit to signs of cooling inflation, which boosted market sentiment and reignited optimism for risk assets. Mena said: "The December CPI data marks the removal of the last major macroeconomic hurdle for Bit prices to remain below $100,000 before Trump's inauguration, as inflation continues to cool, with overall CPI stable at 2.9% year-on-year and core CPI falling to 3.2%, the Fed will adopt a dovish policy." The year-on-year decline in US core CPI, from 3.3% in November, is the first since July. Core inflation lower than expected has reignited speculation that the Fed may cut rates by 2025. "With the approaching Trump inauguration, favorable inflation data, expectations of growth-friendly policies, and technical breakthroughs in stocks and cryptocurrencies provide a solid foundation for continued global market gains," Mena added, "marking the potential start of a transformative period for investors, with risk assets poised to redefine new highs." Bitfinex derivatives head Jag Kooner emphasized that Bit's sensitivity to macroeconomic trends is increasing: "Bit's correlation with the Nasdaq 100 index has reached its highest level in two years, making it particularly sensitive to CPI data, as we predicted for the first quarter, Bit's ties to traditional finance are growing tighter, becoming a faster beta value for changes in the macroeconomic landscape. The crypto market may digest the expected rate cuts in 2025 faster than other risk assets."