Bitcoin hits $111,209; JPMorgan to accept BTC for loans; CPI data boosts price — TradingView News

Bitcoin hits 1,209; JPMorgan to accept BTC for loans; CPI data boosts price — TradingView News



Key facts: Bitcoin hits $111,209; JPMorgan to accept BTC for loans; CPI data boosts price — TradingView News










  • Bitcoin’s price reached $111,209, up 1.5% in 24 hours, after a low of $107,200. It remains 19% higher year-to-date, despite a drop from its peak of over $126,000.1
  • JPMorgan Chase will let institutional clients use Bitcoin (BTC) as collateral for loans by late 2025, allowing them to pledge BTC for fiat loans.234
  • Bitcoin surged above $112,000 following the release of the U.S. September CPI report, which showed inflation data coming in lower than expected, interpreted as bullish for risk-on assets.5




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