Bitcoin broke the $101,000 mark, reaching a new all-time high, as XRP drove a crypto rally following the release of the Consumer Price Index (CPI) report. The CPI report showed an increase in inflation, leading investors to turn to cryptocurrencies as a hedge against inflation. XRP saw a significant increase in price, leading the rally among cryptocurrencies. The increase in the price of XRP sparked a surge in the overall crypto market, with many other digital assets also experiencing gains. The CPI report highlighted concerns about rising inflation, prompting investors to seek alternative investments such as cryptocurrencies. Bitcoin’s price broke the $101,000 mark for the first time, continuing its record-breaking rally. Overall, the cryptocurrency market is seeing increased interest from investors as a hedge against inflation and a safe haven in times of economic uncertainty. The rally in XRP and other digital assets is further evidence of the growing popularity of cryptocurrencies as an alternative investment.