Bitcoin rebounds to $83,000 amid US CPI easing [Decenter Market Situation]

Major virtual assets are on the rise.

As of 8:10 am on the 13th, based on Bithumb, BTC rose 1.96% from the previous day to 12,377,600,000 won. ETH rose 1.77% to 2,819,000 won, XRP rose 1.98% to 3,292 won, BNB rose 1.56% to 846,500 won, and SOL rose 0.43% to 186,500 won.



The international market is also on the rise.

At the same time, on CoinMarketCap, BTC recorded $83,667.46, up 0.89% from the previous day. ETH traded at $1,904.79, down 1.48% from the previous day, XRP at $2.22, up 1.95%, BNB at $571.59, up 3.06%, and SOL at $126.03, up 0.32%.

The total market capitalization of virtual assets increased by 0.83% from the previous day to about $2.71 trillion (about 393.49 trillion won). The Crypto Fear and Greed Index of alternative.me, a virtual asset data company, rose 10 points from the previous day to 34 points, indicating 'fear'.

◆ Bitcoin price rebounds as CPI rise rate eases

As the US Consumer Price Index (CPI) for February fell short of market expectations, the BTC price rebounded to the $83,000 level. The US Department of Labor said on the 12th (local time) that the US CPI in February rose 2.8% year-on-year, slightly lower than the previous month (3.0%). The forecast compiled by Bloomberg was 2.9%.

As concerns about stagflation have eased, the virtual asset market, which had seen a large adjustment, has stabilized. Mun Da-un, a researcher at Korea Investment Securities, emphasized that "while the major indicators announced in the US since February have fallen short of the consensus, the market has been exploring the possibility of stagflation due to concerns about upward pressure on prices due to the Trump tariff policy. However, this time, the rise in prices in major items has slowed down, reflecting the slowdown in forward demand."

Kim Jung-woo Reporter

woo@sedaily.com