Bitcoin traders are bracing for the September US Consumer Price Index release on October 24, an isolated economic indicator arriving during a government shutdown that has halted all other major data. This singular inflation report carries unprecedented weight as the Federal Reserve’s only available gauge ahead of its October 29 policy meeting, with market pricing showing a 99% probability of rate cuts. Analysts from Wells Fargo, The Kobeissi Letter, and Bitunix suggest the data could propel Bitcoin toward $120,000 or trigger a correction to $100,000, depending on whether inflation readings support or challenge the current dovish market narrative.
about Bitcoin Awaits Critical CPI Data Amid Fed Rate Cut BetsLabor Department
0 in Finance and 0 in Crypto last weekTrump’s Order Opens 401(k)s to Crypto Investments
President Donald Trump signed an executive order permitting cryptocurrencies and other alternative assets like private equity and real estate to be included in 401(k) and other defined-contribution retirement plans. The order instructs the US Labor Department to review existing restrictions, marking a significant policy shift. While the crypto industry has welcomed the move, skeptics urge caution. US retirement assets totaled $43.4 trillion in Q1 2025, with defined-contribution plans, including $8.7 trillion in 401(k)s, making up over $12 trillion. The decision could reshape retirement investment strategies but raises questions about risk and regulation.
about Trump's Order Opens 401(k)s to Crypto InvestmentsTrump to Allow Bitcoin in 401k Plans, Reshaping Retirement
President Donald Trump is preparing an executive order that would permit Bitcoin, private equity, and other alternative assets in 401k retirement plans, potentially reshaping the $9 trillion U.S. retirement market. The Labor Department is drafting legal protections for plan administrators to encourage inclusion of higher-risk assets, with major firms like BlackRock poised to benefit. While the move aims to diversify investment options, critics warn of risks like volatility, limited liquidity, and higher fees. The order follows recent legislative efforts supporting crypto adoption, including tax relief for small Bitcoin transactions. Bitcoin’s price has surged amid growing market optimism.
about Trump to Allow Bitcoin in 401k Plans, Reshaping RetirementJune Jobs Data Could Push Bitcoin Past $200K: 21Shares
June’s US employment data exceeded expectations, with non-farm payrolls rising by 147,000 and unemployment dropping to 4.1%. Matt Mena of 21Shares argues this ‘soft landing’ scenario supports Federal Reserve rate cuts, which could inject liquidity into markets and drive Bitcoin past $200,000. Futures markets now fully price a 25-basis-point cut in September, with inflation at 2.4% and political pressure mounting for lower rates. Bitcoin’s recent stability around $109,500 and a slight dip in market dominance suggest early capital rotation into altcoins. Regulatory progress on the Market Structure Bill and GENIUS Act may further boost institutional participation. Mena sees Bitcoin’s breakout as a precursor to altcoin outperformance in this cycle.
about June Jobs Data Could Push Bitcoin Past $200K: 21SharesUS GDP Contracts 0.2%, Bitcoin Holds Steady Amid Inflation
The U.S. economy contracted at an annualized rate of 0.2% in Q1 2024, with inflation-adjusted final sales dropping 2.9% as consumer spending slowed. Corporate profits fell 3.6%, ending a two-year growth streak, while jobless claims rose slightly. Despite the economic slowdown, inflation remains stubbornly high, with the GDP price index at 3.7% and core PCE at 3.4%, both above the Fed’s 2% target. Bitcoin dipped only 0.4% post-data release, holding above $108,000. The Fed is expected to maintain higher interest rates until inflation cools and labor market slack becomes evident. Forward-looking indicators suggest a mild rebound in Q2, but risks of prolonged economic weakness persist.
about US GDP Contracts 0.2%, Bitcoin Holds Steady Amid InflationUS Inflation Cools to 2.3% in April, Bitcoin Holds Steady
The latest US inflation data for April revealed a 2.3% year-over-year increase in the Consumer Price Index (CPI), slightly easing from previous months. Core CPI, excluding food and energy, held steady at 2.8% annually. Energy prices fell 2.4%, contributing to the softer headline reading, while shelter and food prices saw modest gains. The Federal Reserve has maintained steady interest rates since July 2023, awaiting clearer signs of inflation persistence. Market reactions were muted, with Bitcoin trading near $103,000, showing minimal volatility. The data provides policymakers a brief window to assess underlying inflation trends before potential tariff distortions take effect.
about US Inflation Cools to 2.3% in April, Bitcoin Holds SteadyU.S. Stock Market Rebounds Amid Tariff Relief Hopes and Weak Job Data
U.S. stocks rebounded on March 5, 2025, as hopes for tariff relief under President Trump boosted investor confidence, with the S&P 500 rising 0.4%, the Dow gaining 0.6%, and the Nasdaq up 0.2%. However, a weak ADP report showing only 77,000 private-sector jobs added in February raised concerns about a slowing labor market ahead of the crucial nonfarm payrolls report on March 8. Commerce Secretary Howard Lutnick hinted at potential tariff rollbacks for Canada and Mexico, as market volatility continues amid trade tensions.
about U.S. Stock Market Rebounds Amid Tariff Relief Hopes and Weak Job DataMonetary Policy Insights Amid Labor Market Strength and Inflation Trends
Monetary policy decisions should be guided by data rather than speculation, as inflation remains above the 2% target despite recent rate cuts. The labor market is stable, but inflation’s slow progress prompts a cautious approach, with a pause in rate cuts deemed appropriate while monitoring potential seasonal effects on inflation data. The impact of tariffs on prices is expected to be modest and non-persistent, allowing policymakers to focus on broader economic indicators.
about Monetary Policy Insights Amid Labor Market Strength and Inflation TrendsBitcoin Surges Above 98500 After US December CPI Data Release
Bitcoin’s price surged above $98,500 following the release of the US December CPI data, which met expectations with a 2.9% increase. Despite concerns over inflation and no anticipated interest rate cuts from the Federal Reserve, cryptocurrency markets reacted positively, with BTC rising nearly $10,000 from its recent low of $89,200.
about Bitcoin Surges Above 98500 After US December CPI Data ReleaseStock market declines following strong December jobs report
The U.S. economy added 265,000 jobs in December, exceeding expectations by about 100,000, while the unemployment rate dropped to 4.1%. Despite the positive job growth, investors reacted negatively, viewing the report as a potential indicator of rising inflation and interest rates.
about Stock market declines following strong December jobs reportUS jobs data boosts dollar while stocks decline sharply
U.S. stocks fell sharply and the dollar rose after December’s jobs data showed a stronger-than-expected increase in nonfarm payrolls, with 256,000 jobs added and the unemployment rate dropping to 4.1%. This has led to reduced expectations for interest rate cuts, with traders now anticipating only a 30 basis point reduction this year. Treasury yields surged to a 14-month high, exacerbating pressure on equities, while oil prices rose nearly 5% amid concerns over potential supply disruptions from sanctions on Russia.
about US jobs data boosts dollar while stocks decline sharplyAsian shares decline amid rate cut concerns and tariff uncertainties
Asian shares fell on Friday, reflecting concerns over the Federal Reserve’s potential interest rate cuts amid strong U.S. economic data and tariff uncertainties under the incoming Trump administration. The Nikkei 225 dropped 0.9%, while Chinese markets also extended losses. In the U.S., bond yields remained steady, influenced by rising inflation worries and better-than-expected economic reports.
about Asian shares decline amid rate cut concerns and tariff uncertainties