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Crypto World

Bitcoin Tops $69K as CPI Slows, Fed Rate-Cut Odds Stay Low

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Crypto Breaking News

Bitcoin (CRYPTO: BTC) kicked off Friday’s session with a modest smile, boosted by a softer-than-expected January CPI print that renewed appetite for risk assets. Traders priced in cooler inflation while keeping a wary eye on the path of policy, with the largest cryptocurrency carving a path toward notable resistance as the CPI data circulated. At one point, BTC rose by as much as 4% intraday, with the benchmark token trading near the $69,000 region on Bitstamp as traders assessed how the inflation backdrop could shape Federal Reserve expectations in the near term.

Key takeaways

  • Bitcoin surged on the back of a January CPI print that cooled beyond expectations, lifting BTC/USD toward the $69,000 level on Bitstamp and signaling renewed momentum in the short run.
  • Core CPI matched estimates at 2.5% while the overall CPI printed 2.4%, both softer than anticipated, fueling a broad risk-on swing across macro assets.
  • Market odds of aggressive Fed easing remained limited, with CME FedWatch showing slim chances of a rate cut at the March meeting, complicating the path for a sustained breakout.
  • Analysts highlighted a confluence of technical references around the 68,000–69,000 area, including the old 2021 all-time high and the 200-week EMA, as a potential higher-low anchor for BTC.
  • Gold climbed toward a symbolic milestone while the US dollar index attempted a recovery after the CPI release, underscoring a mixed but constructive macro backdrop for risk assets.

Tickers mentioned: $BTC

Sentiment: Bullish

Price impact: Positive. The CPI surprise propelled Bitcoin higher, with daily gains peaking near 4% and the price testing the $69,000 vicinity on major venues such as Bitstamp.

Market context: The inflation print fed into a broader narrative where macro assets showed a tempered response to cooling inflation, even as rate-cut expectations remained guarded and positioned around the mid-year horizon. Traders watched for durably slowing inflation signals to justify an acceleration in risk-taking, while acknowledging that policymakers may still stride cautiously given a resilient labor market and evolving growth dynamics.

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Why it matters

The January CPI outcome reinforces a delicate balance in which inflation is trending lower, but policymakers are unlikely to rush the rate-cut cycle. The data echo a pattern observed in recent weeks: inflation metrics are trending toward multi-year lows, yet the Federal Reserve’s reaction function remains data-dependent. For BTC and the broader crypto market, softer inflation can translate into improved liquidity and a more forgiving risk environment, which historically tends to favor speculative assets and risk-sensitive sectors.

From a technical standpoint, traders are watching key price zones that have previously served as turning points. The 68,000–69,000 zone is notable because it intersects with the 2021 all-time high and the 200-week exponential moving average (EMA), a level analysts have cited as an anchor for potential higher-lows in the near term. Several market participants described BTC as consolidating in a potential falling-wedge pattern, a setup that could precede another leg higher if momentum builds. A recent update from a prominent trader noted that an initial breakout attempt at around the 68,000 level faced resistance, reinforcing the idea that the next meaningful move would likely be defined by how the market handles that zone.

Beyond BTC, macro gold also flirted with significant levels, highlighting a broader risk-on mood among non-crypto assets as the CPI narrative evolved. The U.S. dollar index found some footing after the initial CPI dip, a dynamic that can influence risk appetite across asset classes, including digital assets. In this environment, BTC’s performance could act as a barometer for market demand for risk assets and for investors seeking hedges or diversifiers amid evolving macro signals.

One notable thread in the commentary around the CPI release was the consideration of future Fed policy moves. While some market observers argued that a rate cut could become more plausible if inflation continues to ease, others cautioned that a single data print does not alter the central bank’s reaction function overnight. A widely cited dashboard showed that probability of a March rate cut remained in the minority, underscoring the challenge for crypto bulls to sustain a sustained breakout without clearer signs of easing monetary policy. In a related thread, a market observer referenced a lower-bound view on policy shifts, suggesting that the inflation trajectory would need to demonstrate sustained deceleration before a meaningful shift in rate expectations could be priced in. Investors also weighed a perspective opposing the surprise: that a temporary CPI softness might simply reflect statistical quirks rather than a durable downward trend.

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For traders who have been watching the narrative unfold, the CPI surprise did not fully resolve the tug-of-war between risk-on optimism and the structural caution that has characterized crypto markets for much of the past year. While BTC’s intraday rally underscored renewed enthusiasm, many participants stressed that the long-term trajectory would hinge on the Fed’s path and on the sequencing of economic data in the coming weeks. A closing thought from a market commentator who tracks inflation data and policy expectations noted that, even with a favorable inflation print, the real test lies in whether inflation can stay on a downward trajectory long enough to alter policy expectations meaningfully.

The CPI data’s impact on the market narrative can be glimpsed through the lens of the related coverage around inflation dynamics and policy. For readers seeking concrete context, the CPI release is documented by the U.S. Bureau of Labor Statistics and the associated commentary on how core and headline readings evolved. The market’s reaction to the data is also shaped by how traders interpret the probability of future rate actions, as reflected in tools that gauge Fed expectations. Additionally, analysts cited external inflation trackers and independent assessments to illustrate the nuanced view of inflation risk in the current environment. For a broader sense of sentiment, the community’s discussions surrounding the CPI data and Fed policy provide a snapshot of how this turning point is perceived by traders and researchers alike, including conversations that reference alternative inflation metrics as a lens to evaluate CPI outcomes.

The narrative also includes perspectives from traders active in social channels, where analysts often cross-reference inflation data with on-chain signals and technical indicators. A notable thread tied to the CPI release highlighted the idea that the CPI decline, while supportive, is not a decisive turn; rather, it is part of a broader sequence that could unfold across the next several weeks as the market calibrates its expectations for policy, liquidity, and macro risk appetite. The ongoing dialogue among market participants underscores the importance of keeping a close watch on how the inflation data evolves and how policy guidance evolves in response, as those dynamics will continue to influence BTC’s trajectory and the crypto market more broadly.

For readers who want to explore the underlying data themselves, the CPI release and the market’s interpretation of it are widely covered in real-time feeds and official releases. The Bureau of Labor Statistics provides the primary figures, while market data platforms and analysis from research shops offer additional context on how these numbers translate into rate expectations, liquidity, and risk sentiment. In the eyes of many traders, the CPI print is less a singular event than a datapoint in an ongoing process—one that will shape the tempo and nature of crypto market movements in the weeks to come.

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TradingView BTCUSD chart shows the intraday velocity, while the CPI context remains anchored by the U.S. CPI release from the Bureau of Labor Statistics. As a contemporaneous note, a widely circulated tweet from market analyst Andre Dragosch referenced Truflation’s sub-1% CPI readings as supporting evidence for a less aggressive inflation profile than some conventional measures imply. The exchange between traditional data and alternative inflation metrics continues to shape expectations around rate moves and cross-asset correlations.

In sum, the CPI surprise injected a tactical lift for Bitcoin, but the broader path remains a function of policy expectations, liquidity conditions, and the ongoing assessment of inflation trends. As the market digests the data, traders will be watching for a softening CPI to translate into a more explicit willingness to price in rate cuts—and with that, a more durable upside for BTC and the broader crypto complex.

Earlier coverage noted the delicate balance between momentum and resistance around the $68,000–$69,000 zone, a region that has historically defined the near-term tempo of BTC price action. The narrative continues to evolve as macro conditions, policy signals, and on-chain fundamentals interact in real time.

For additional context and data points discussed during the CPI reaction, see the related notes and coverage linked throughout this timeline, including references to the FedWatch tool and broader market commentary that has tracked the shifting probability of rate cuts in the March horizon.

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Risk & affiliate notice: Crypto assets are volatile and capital is at risk. This article may contain affiliate links. Read full disclosure

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Crypto World

Algorand price surges over 20% as Google quantum paper brings attention to ALGO

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Algorand price has broken out of a descending parallel channel pattern on the daily chart.

Algorand price shot up over 20% on Wednesday, becoming the best performer among the leading 100 crypto assets by market cap.

Summary

  • Algorand price surged over 20% to an eight-week high of $0.105, rebounding sharply after recently hitting an all-time low.
  • The rally followed its mention in a Google Quantum AI paper highlighting its post-quantum cryptography efforts, boosting investor visibility.
  • Rising futures open interest and a bullish technical breakout above key moving averages point to strengthening upside momentum.

According to data from crypto.news, Algorand (ALGO) price hit an 8-week high of $0.105 on Wednesday while bringing its market cap to over $936 million. The move follows just two days after the token hit an all-time low.

The main catalyst that drove the Algorand price rebound today is its citation by Google Quantum AI in a recent paper focused on the threats major blockchains face from quantum computing. Notably, the project was mentioned over 32 times in the document, ranking just after Bitcoin and Ethereum for its proactive stance on post-quantum cryptography.

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In contrast, some of the top crypto projects, such as Solana and XRP, were mentioned nearly half as often, while Hedera and Avalanche received zero mentions in the report.

Being cited in one of the most prestigious research papers gave Algorand a big boost in visibility and enhanced its technical appeal to investors who felt they got a massive discount from the token hitting its lowest level since inception.

A recent major development that has also supported its gains today includes Algorand’s integration into the Swiss retail bank PostFinance, which enabled its 2.5 million customers to directly trade and hold ALGO using their existing accounts.

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Demand from derivative traders has also buoyed the token price. Data from CoinGlass shows that the open interest dedicated to Algorand futures rose 55% over the past day to $58.9 million. 

Meanwhile, its weighted funding rate has shifted to a positive reading, suggesting that long position holders were paying short traders to maintain their positions, which is widely seen as a bullish signal for the market.

On the daily chart, Algorand price has broken out of a descending parallel channel pattern, a major bearish structure that had been capping gains since the beginning of this year.

Algorand price has broken out of a descending parallel channel pattern on the daily chart.
Algorand price has broken out of a descending parallel channel pattern on the daily chart — April 1 | Source: crypto.news

Algorand price has crossed over the 20-day, 50-day, and 100-day SMA back-to-back over the past two days, a sign that short-term momentum is turning aggressively bullish. Furthermore, the supertrend indicators, which traders use to gauge market direction, remain in the green, suggesting the path of least resistance is currently to the upside.

For now, $0.138, which marks the 200-day SMA, is the most important resistance level that traders would be keeping a close watch on. A break above that could signal a long-term trend reversal and open the door for a much larger recovery toward previous yearly highs.

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However, if Algorand price falls below the 50-day SMA at $0.088, it would invalidate the current breakout and likely lead to a retest of the recent all-time lows.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

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Now Defi quantum computing launches, helping BTC, XRP users earn up to $20k daily

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Bitcoin Core maintainers face shake-up as Gloria Zhao revokes PGP key

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

NOW DeFi launches quantum cloud mining as Bitcoin consolidates and XRP liquidity rises.

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Summary

  • Bitcoin and XRP consolidation increases risks for spot holders, driving demand for alternative yield strategies.
  • NOW DeFi launches “quantum computing cloud mining” to deliver automated returns without relying on market direction.
  • The platform converts crypto into cloud hashrate, enabling passive income without hardware or active trading.

As Bitcoin (BTC) enters a high-level, wide-ranging consolidation zone driven by global macroeconomic factors, and Ripple (XRP) sees increasing liquidity in cross-border payments, the crypto asset market is undergoing a new paradigm shift. 

For the massive number of spot holders, the time cost of “holding and waiting for a pump” and the risks of market pullbacks are rising sharply.

Against this backdrop, NOW DeFi, the world’s leading automated wealth ecosystem, officially announced today the full launch of its highly anticipated “Quantum Computing Cloud Mining” architecture. 

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By introducing exponentially advanced quantum computing power, NOW DeFi has successfully broken through the profit bottlenecks of traditional spot holding, providing global crypto investors with a brand-new path to ignore market bulls and bears, offering stable hashrate dividends of up to $20,000 per day.

In-depth market analysis: The “profit vacuum” for spot holders

According to Q1 on-chain data and technical analysis (TA), both BTC and XRP exhibit strong “supply lock-up” characteristics. However, during volatile price wicks, retail investors’ spot holdings are highly susceptible to paper losses. 

The vast majority of investors’ crypto assets remain in a “dormant” state, unable to generate compound interest while enduring immense psychological pressure from constantly monitoring charts. Furthermore, traditional DeFi staking yields have plummeted, leaving the market in urgent need of a high-return alternative backed by strong technical barriers.

NOW DeFi’s disruptive innovation: How does quantum computing generate yield?

To address this industry pain point, NOW DeFi integrates cutting-edge quantum computing with high-frequency node verification technology. The core advantage of quantum hashrate lies in its ability to process massive hash collisions and cross-market arbitrage models in mere milliseconds. 

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NOW DeFi “fragments” this top-tier computing power into cloud-based contracts. Holders of BTC, XRP, and other mainstream assets simply need to convert their assets into NOW DeFi’s hashrate fuel to earn 100% fully automated hashrate outputs — requiring zero hardware investment or market monitoring.

Core hashrate contract matrix: A wealth path from retail to institutional

To meet the needs of investors of all sizes, NOW DeFi has unveiled its latest quantum hashrate yield model. Data shows that top strategic investors can achieve explosive wealth growth through compound interest and high-frequency hashrate clusters:

Strategy Level Entry Threshold(USD) Strategic Cycle(Days) Est. Total Strategic Yield(USD) Strategy Positioning
Entry-Level Quantum $100 2 $8 Algorithm trial, ultra-short-term arbitrage
Standard Quantum $1,500 10 $235.5 Mid-term trend capture, compound growth
Advanced Quantum $5,000 15 $1,215 Deep learning-driven, long/short hedging
Elite Quantum $25,000 25 $11,250 Institutional execution logic, high-frequency arbitrage
Quantum Strategy $90,000 20 $36,000 Top-tier hashrate cluster, full market coverage

(For more strategy details and real-time dynamic data, please visit the official website)

How to earn passive income via NOW DeFi’s quantum hashrate?

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NOW DeFi was designed to make cutting-edge quantum technology accessible to everyone. Eliminating tedious hardware configurations and complex trading models, any investor can unlock exponential wealth growth in just four simple steps:

  1. Register and claim a welcome bonus: Instantly receive a $22 welcome bonus. Register today to claim a cash reward and start the passive income journey with zero risk.
  2. Select and Activate a Hashrate Contract: Choose a quantum hashrate package that suits a particular capital size. Once a strategy package is purchased, the system takes over immediately.
  3. 100% Fully Automated Yield: Say goodbye to staring at plunging charts. Without any market monitoring, profits will be automatically and accurately credited every 24 hours.
  4. Ultimate Liquidity and Flexible Withdrawals: Take full control of wealth. Once the account balance reaches $100, it can be withdrawn directly to a crypto wallet or reinvested to unlock exponential compound interest. Absolutely transparent, with zero hidden fees, no maintenance fees, and no surprise charges—100% of the money you earn belongs to you.

About NOW DeFi: The ultimate consensus for global safe-haven capital

NOW DeFi provides an elite-level automated wealth accumulation ecosystem, with the core vision of helping global investors stop losses in the spot market and achieve maximum returns with complete peace of mind. In the unpredictable crypto market, NOW DeFi has built a powerful global safe-haven consensus:

  • Global Safe-Haven Consensus: Trusted by over 10 million smart investors across more than 198 countries and regions who have successfully broken free from market volatility.
  • Fortress-Like Security: Equipped with industry-leading dual-layer protection from McAfee® and Cloudflare®, allowing you to sleep soundly knowing your funds are secured by military-grade encryption.
  • Seamless Multi-Asset Support: Offers unparalleled flexibility with direct settlement in top digital assets, including XRP, BTC, ETH, SOL, DOGE, USDC, USDT, BNB, and BCH.

Conclusion and action guide: Seize the early-adopter dividends of the quantum era

The ultimate goal of technical analysis is to guide trading. In 2026, as crypto market trends become increasingly complex, stopping senseless gambling in the spot market and shifting assets to the highly certain quantum hashrate track has become the consensus among smart investors.

For more information, please visit the official NOW DeFi website and download the application.

Email: [email protected]

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Disclosure: This content is provided by a third party. Neither crypto.news nor the author of this article endorses any product mentioned on this page. Users should conduct their own research before taking any action related to the company.

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Australia to Mandate Crypto Licensing Under New Law

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Australia to Mandate Crypto Licensing Under New Law

Australia has passed legislation that will bring many digital asset platforms and tokenised custody platforms under the country’s financial services licensing regime.

The Corporations Amendment (Digital Assets Framework) Bill 2025 has now cleared both houses of the Australian Parliament, according to parliamentary records, marking the biggest step yet in Canberra’s push to create a dedicated regulatory framework for digital assets.

Introduced in November 2025, the bill amends the Corporations Act and ASIC Act to regulate digital asset platforms and tokenised custody platforms, with the stated aim of improving consumer protection, market integrity and regulatory certainty.

The bill now awaits royal assent, the final step before becoming law. It is set to take effect 12 months after assent, with an additional transition period for businesses to comply.

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The bill requires crypto operators, including exchanges and custody platforms, to obtain an Australian Financial Services Licence (AFSL) from the Australian Securities and Investments Commission (ASIC), the country’s financial regulator.

Source: DECA

The Digital Economy Council of Australia (DECA), an industry group representing Australia’s digital economy, praised the development in a statement on LinkedIn.

“For the first time, we have a legislative framework that directly addresses digital asset platforms and it provides long-awaited clarity for businesses, investors and regulators, and marks a shift from uncertainty toward implementation,” DECA said.

Related: Australia fines local Binance unit $6.9M over client onboarding failures

Addendum clarifies treatment of MPC and crypto custody under new law

Jazz Ozvald, former assistant director of digital asset policy at the Commonwealth Treasury, took to LinkedIn to express delight at the milestone in passing the bill.

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He noted that the government also tabled an Addendum to the Explanatory Memorandum, which includes additional detail about how the bill is intended to apply where digital tokens are factually controlled through multi-party computation (MPC).

Source: Jazz Osvald

MPC is a cryptographic technology used to secure crypto wallets by splitting control between multiple parties, so no single person has full control. Transactions can only be approved when enough parties work together, making it harder for funds to be stolen or misused.

Related: Google targets 2029 post-quantum migration as threats draw nearer

The addendum says that the law only applies to platforms that actually hold crypto for customers, rather than just providing technology that helps control it, even in shared-control setups like MPC.

Magazine: Nobody knows if quantum secure cryptography will even work

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