PANews reported on February 12 that according to Jinshi analysis, Bitcoin fell to a one-week low as the dollar and U.S. Treasury yields rose after U.S. inflation data was higher than expected. Inflation in January rose 3.0% year-on-year and 0.5% month-on-month. According to LSEG data, Bitcoin fell 2.3% to a low of $94,121, compared with $96,517 before the data was released. Higher inflation reduces the likelihood of the Federal Reserve cutting interest rates, putting pressure on risky assets including cryptocurrencies.