Bitcoin Price Surpasses $87k Amid Softer US CPI and BoJ Rate Hike

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Bitcoin price today climbed over 1% in the last 24 hours to $87,803, with trading volume rising 24% to $61.9 billion. The U.S. CPI for November came in at 2.7% annually, below the 3.1% forecast. The Bank of Japan raised rates by 25 basis points to 0.75%, a 30-year high, though the yen fell against the dollar. Analysts are now offering updated Bitcoin price prediction models based on the latest macroeconomic shifts.
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