The 2x Bitcoin Strategy ETF (BITX) surged 10.32% to close at $64.35 on December 11, as Bitcoin's price climbed 4.55% to $101,052.88, driven by favorable inflation data and expectations of Federal Reserve interest rate cuts. The U.S. consumer price index's 0.3% rise in November has bolstered the likelihood of a quarter-point rate cut, enhancing the appeal of risk assets like Bitcoin. This environment has spurred renewed investor interest, as lower interest rates typically drive investors toward higher-yielding assets. Additionally, major corporate moves, such as Marathon Digital Holdings' $1.1 billion Bitcoin acquisition and MicroStrategy's potential inclusion in the Nasdaq 100, have fueled optimism about Bitcoin's institutional acceptance. The broader crypto market also benefited, with the CoinDesk 20 index climbing over 7%, and altcoins like XRP and AI tokens seeing significant gains.