In brief Roughly $587 million in crypto short positions were liquidated as Bitcoin's price pushed to its strongest level since mid-November. December’s CPI showed inflation holding at 2.7% year over year, with modest monthly gains keeping Treasury yields and the dollar relatively stable. U.S. equities sent mixed signals early in earnings season, with bank stocks...

Bitcoin surged above $95,000 on Tuesday, reaching its highest level in more than 50 days, as a mix of easing US inflation and escalating geopolitical risk triggered a broad move into crypto markets. The rally followed a sharp warning from the US State Department telling American citizens to “leave Iran now” and to prepare for...

Bitcoin breaks out higher and drags the crypto market with it.