Bitcoin Holds Above $122,000 as Traders Eye US Inflation Data

Bitcoin traded steady above $122,000, while Ethereum remained flat ahead of the upcoming U.S. CPI data, as traders awaited fresh monetary policy cues from the Federal Reserve. Analysts expect a pickup in crypto volatility once inflation readings clarify the rate-cut trajectory, with derivatives markets already signaling cautious positioning. Broader sentiment in digital assets stayed resilient, supported by steady ETF inflows and institutional demand for AI-linked blockchain applications.