Bitcoin price soars 5% to $95,000, driving the total cryptocurrency market capitalization up 4.45%, accounting for approximately 61% of the total crypto market volume. Analysts attribute this rally to the stabilization of US macroeconomic data, including CPI rising 2.7% year-over-year, in line with expectations, and core CPI dropping to its lowest point in nearly five years at 2.6%. Against this backdrop, coupled with progress in cryptocurrency regulation bills, market confidence in the Federal Reserve possibly cutting interest rates is increasing. Spot demand has led this surge, with strategists like Matt Mena from 21Shares predicting Bitcoin's near-term target price to reach $100,000, viewing Bitcoin as a macro hedge tool.