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CryptoMedium•15 February 2026•

1 min read

Bitcoin Hits $70,000 as Cooling US Inflation Sparks Crypto Market Recovery

Golden Bitcoin coins and wallets in front of the US Capitol building and American flag, with an upward trend graph.

The cryptocurrency market experienced a significant recovery over the weekend, with Bitcoin (BTC) surging to the $70,000 mark. This rally followed the release of US inflation data for January, which indicated that prices rose at a slower pace than analysts had anticipated. The cooler-than-expected inflation report has bolstered investor confidence, suggesting a potential easing of monetary pressure from the Federal Reserve. Consequently, the total market capitalization of all cryptocurrencies climbed above $2.4 trillion, marking a renewed interest in risk-on assets. Beyond Bitcoin, the positive sentiment extended to popular memecoins, including Dogecoin (DOGE) and Pepe Coin (PEPE). Market participants are now closely watching for further macroeconomic signals to determine the sustainability of this bullish trend.