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Bitcoin price is up, alongside the prices of stocks and altcoins, thanks to a “positive” CPI report. Bitcoin price is up on Dec. 13, and a market-wide rally in crypto prices has some investors hopeful that the intra-day high at $18,105 is a sign that BTC has bottomed.  A primary catalyst for the rally appears to be the Consumer Price Index report which showed energy decreasing by 1.6%, which should be welcomed news for struggling Bitcoin miners. With the overall CPI report showing easing inflation at 7.1% versus the previously expected 7.3%, equities traders are reacting by driving prices higher. Daily cryptocurrency market performance. Source: Coin360 The stock market is also flashing green, with the Dow showing a 600-point increase and the S&P 500 registering a 100-point gain. As reported by Cointelegraph, Bitcoin’s price action remains closely correlated to U.S. equities and today’s rally is no exception to the trend.  Here are a few reasons why Bitcoin price is up today . Bit...

Axie Infinity is one of the most popular blockchain-based games in the world. The game’s native crypto token, AXS, is currently the biggest gainer in the last 24 hours, rallying by 25.6% in the last 24 hours. Moreover, AXS has made gains of up to 26.9% in the weekly charts. Source: Coingecko Earlier this year, the Axie Infinity team disclosed its plans to decentralize the platform. The recent surge comes after the company published a new blog on how it will further decentralize its operations. The Lunacian: Axie Contributor Initiative Kickoff! https://t.co/Yjs9njT5Rv — Axie Infinity | #AxieOrigins (@AxieInfinity) December 5, 2022 Over 600 members gathered to help shape the future of the gaming platform. The ultimate objective is to empower the group to take on the duty of assisting one another in furthering the aim of the community through self-organization. Today, a group of over 600 dedicated and impactful community members have been gathered together to h...