Bitcoin Reclaims $70K as CPI Eases to 2.4% Sparks Crypto Rally

US CPI eased to 2.4% in January, triggering a broad crypto rally with Bitcoin above $70K, Ethereum up ~6%, and rate-cut bets rising amid macro optimism.

Rich by Coin

2026-02-14

Bitcoin just broke back above $70,000. Ethereum jumped 6%. Solana surged 6.5%. The entire crypto market is flashing green.

The reason? US inflation dropped to 2.4% in January, below the 2.5% forecast. That single number just changed everything. The US Bureau of Labor Statistics reported annual CPI inflation eased to 2.4% in January from 2.7% in December. Markets had expected 2.5%.

The cooler than expected print immediately triggered a massive rally across crypto. Bitcoin surged 4% today, breaking through key resistance and stabilizing above $70,000. Ethereum outperformed with a 6% jump. Solana rose 6.5%.