The US Consumer Price Index data for June 2025 revealed a 2.7% rise, prompting market reactions, including significant shifts in Bitcoin prices.
Rise of US Consumer Price Index
The US Bureau of Labor Statistics reported a 2.7% increase in the Consumer Price Index year-over-year in June 2025. This report emerged amid anticipation from both traditional and crypto markets.
Bitcoin Volatility Post-CPI Release
Following the CPI release, Bitcoin initially surged to around $117,000 before experiencing a slight pullback. "Key support to watch: $117,000–$116,300. If this zone holds, a rebound may occur" - market analysts stated.
Cryptocurrency Market and Monetary Policy Forecasts
Amid rising inflation, the broader cryptocurrency market, including altcoins, faced pressures as investors reassessed their positions. The likelihood of a Fed rate cut in September decreased from over 80% to 60%, influencing risk appetites.
Investors remain vigilant to Fed guidance, as similar economic releases have historically triggered volatility in cryptocurrency markets. The anticipation of monetary policy adjustments plays a crucial role in future price movements.