Bitcoin experienced increased volatility as markets reacted to surprise US inflation data. The CPI unexpectedly dropped, fueling speculation of interest-rate cuts. Bitcoin price action mirrored a 2025 fractal pattern. Data showed BTC/USD passing $89,000 before reversing lower. The odds of a new interest-rate cut at the Fed’s Jan. 28 meeting were at 26.6%. Traders suspected market manipulation as total crypto liquidations exceeded $630 million. Crypto trader Ted Pillows noted similarities to the Q1 2025 fractal, suggesting another macro bottom for BTC/USD.

Read more at Cointelegraph: Bitcoin Gyrates on Shock US CPI Data as 24-hour Liquidations Hit $630M