Bitcoin Price Gains On Strong Inflation Data, AVAX and Remittix Volume Explodes

Bitcoin price surged past $114,000 this week, powered by optimism ahead of critical US inflation data. As the crypto market anticipates potential rate cuts by the Federal Reserve, capital is pouring back into Bitcoin, Avalanche (AVAX), and emerging altcoins like Remittix (RTX), now a major focus for investors hunting the next high-volume opportunity.

Bitcoin Price Climbs as CPI Data Fuels Rate Cut Bets

The Bitcoin price currently hovers around $113,510, after briefly touching $114,000 on Thursday. This momentum aligns with expectations of cooling US inflation, as economists forecast a 0.3% monthly increase and 2.9% annual rise in the August Consumer Price Index. Core inflation is projected at 3.1%.

Such figures could pressure the Fed to enact a rate cut at its September 16–17 meeting. Another scenario would weaken the dollar, reduce the appeal of bonds, and push capital into crypto. On September 10 alone, a net inflow of $757 million entered Bitcoin spot ETFs, its third consecutive day of high institutional demand. These flows have been underpinning the Bitcoin price, permitting it to put pressure on the upside with macro conditions still uncertain.

AVAX Price Surges On $1 Billion Institutional Treasury Plan

While the Bitcoin price shows strength, AVAX has emerged as one of the top altcoin performers this week. Avalanche traded as high as $30.12 on Coinbase after opening the day at $26.71. This 8.5%+ jump reflects investor excitement over reports that the Avalanche Foundation is raising $1 billion to fund cryptocurrency treasury projects.

The deal, involving Nasdaq-listed Hivemend Capital and Dragonfly Capital, is expected to conclude by October. This treasury expansion aims to convert an existing firm into a crypto treasury business, modeled after other successful digital asset mergers.

Technically, AVAX still has to break through the significant $30 resistance level, which has been a cap since 2022. However, with MACD showing a bullish crossover and institutional demand building, buyers are queueing up for a potential breakout that may mimic the late-2024 rally.

Remittix Sees Explosive Growth As PayFi Adoption Accelerates

While Bitcoin price and AVAX attract institutional attention, Remittix is rapidly dominating investor sentiment among retail buyers, thanks to its real-world utility and massive volume growth. The Ethereum-based PayFi project has now raised over $25.2 million, sold more than 657 million tokens, and is priced at $0.1080.

Remittix has already secured listings on BitMart (after passing the $20M mark) and LBANK (announced after $22M raised). Its Q3 wallet beta is launching on September 15, designed to allow seamless crypto-to-bank transfers in over 30 countries.

Adding to the excitement is the newly launched Remittix referral program. Every user now earns 15% of every referrals purchase in USDT, claimable every 24 hours. This structure has drawn major interest from influencers and community marketers:

• Real-Time Earnings: Referral bonuses are paid in USDT and can be claimed daily.
• Unlimited Earning Potential: Early adopters are earning thousands each week through simple link sharing.
• Community-Driven Growth: Every referred buyer strengthens Remittixs network effect and ecosystem.

This structure mirrors some of the viral growth tactics used by top crypto launches and has already made Remittix one of the most talked-about altcoins in September.