The latest US Consumer Price Index data for September revealed both regular and core inflation at 3% year-over-year, slightly below the 3.1% consensus forecast, triggering an immediate surge in Bitcoin price above $112,000. This unexpected moderation in inflation increases the likelihood of Federal Reserve interest rate cuts, creating bullish conditions for risk assets like cryptocurrencies.
about US CPI Beats Forecasts, Bitcoin Surges Past $112KUS Bureau of Labor Statistics
0 in Finance and 0 in Crypto last weekDelayed Inflation Data Unlikely to Halt Fed Rate Cuts
The delayed September inflation report, expected to show 3.1% annual inflation, is unlikely to derail Federal Reserve plans for interest rate cuts despite marking the first time headline CPI would exceed 3% this year. Crypto markets are closely watching the data release from the US Bureau of Labor Statistics, which was postponed due to the ongoing 24-day government shutdown, with economists forecasting both monthly and annual increases that could have significant market implications.
about Delayed Inflation Data Unlikely to Halt Fed Rate CutsFriday CPI Data Puts Crypto Markets on Edge
A rare Friday release of September’s Consumer Price Index during the government shutdown has crypto traders on high alert. The data arrives just five days before the Federal Reserve’s October meeting, creating an unusually compressed policy reaction window. Market participants are bracing for potential volatility across risk assets including cryptocurrencies as this single inflation reading could dictate market sentiment through month-end.
about Friday CPI Data Puts Crypto Markets on EdgeUS Government Shutdown Hits Markets, Delays Jobs Data
US stock futures are declining in Wednesday’s pre-market trading as the federal government enters its first shutdown since 2018, creating immediate market turbulence and delaying critical economic data releases. The political impasse over spending legislation has triggered a flight to safety, with gold prices continuing their record-breaking rally toward the $3,900 level while equity markets brace for extended uncertainty.
about US Government Shutdown Hits Markets, Delays Jobs DataWall Street Closing Bell Analysis & Expert Insights
This Bloomberg Television segment offers comprehensive coverage of the critical moments before and after the Wall Street closing bell. The program brings together a diverse panel of experts including CIBC Private Wealth’s Rebecca Babin, Gabelli Funds’ John Belton, and T-Mobile’s Srini Gopalan, among others. Additional contributors include former US Bureau of Labor Statistics Commissioner Erica Groshen, Envestnet’s Dana D’Auria, and D.A. Davidson’s Gil Luria. The discussion features analysis from academic perspectives with NYU Professor Meredith Broussard, alongside insights from Buffalo Bayou Holdings’ Frank Monkam and Syntilay’s Ben Weiss and Joe Foster. This gathering of financial minds provides viewers with multi-faceted market analysis and investment outlooks.
about Wall Street Closing Bell Analysis & Expert InsightsCrypto Market Bottom? Analyst Sees Repeat of 2024 Crash
Alex Krüger, a prominent macro analyst, argues that the weekend’s crypto sell-off likely marks a tradable low, drawing parallels to the 2024 August crash that bottomed on a Monday. He attributes the decline to macro factors—such as a hawkish Fed, mixed Big Tech earnings, and a hot PCE inflation print—rather than a fundamental shift in crypto trends. Krüger sees the current shakeout as an opportunity to add long positions, especially if panic persists into Monday. He remains optimistic about crypto’s prospects into Q4, citing a solid US economy, impending Fed rate cuts, and improving regulations. However, he warns of potential risks, including re-accelerating inflation and geopolitical tensions. Krüger’s long-term Bitcoin target for mid-2026 is $200,000–$250,000, contingent on continued adoption and a dovish Fed.
about Crypto Market Bottom? Analyst Sees Repeat of 2024 CrashDormant Bitcoin Whale Moves $4.68B to Galaxy Digital
A Bitcoin whale wallet inactive since 2011 transferred 40,009 BTC ($4.68B) to Galaxy Digital, signaling possible liquidation. Galaxy, a major OTC desk, moved 6,000 BTC to Binance and Bybit, deepening market concerns. The transactions coincided with Bitcoin’s price dropping over 6% from its all-time high of $123,153, exacerbated by rising US inflation data. Analysts speculate further market impact if Galaxy continues offloading BTC via OTC or exchanges. The whale’s remaining 40,009 BTC and CPI-driven dollar strength add uncertainty to Bitcoin’s near-term trajectory.
about Dormant Bitcoin Whale Moves $4.68B to Galaxy DigitalUS Inflation Rises in June, Bitcoin Reacts Briefly
The US Consumer Price Index (CPI) for June surged by 2.7% year-over-year, slightly exceeding expectations, while Core CPI matched forecasts at 2.9%. Analysts attribute the rise to fading disinflation in housing and the impact of Trump’s tariffs. Bitcoin initially dipped from $117,000 to $116,400 upon the data release but quickly rebounded. Despite a recent drop from its all-time high of $123,000, BTC remains up significantly from the previous week. The inflation data underscores ongoing economic pressures, with crypto markets reacting swiftly to macroeconomic shifts.
about US Inflation Rises in June, Bitcoin Reacts BrieflyTrump Advisor Discusses Federal Reserve Meetings Amid Inflation Concerns
Kevin Hassett, former director of the National Economic Council, revealed he holds regular meetings with Federal Reserve Chairman Jerome Powell, emphasizing the independence of the Fed while acknowledging the president’s influence. Despite a reduction in long-term Treasury rates, inflation concerns persist, with January 2024’s Consumer Price Index showing a 3% annual increase, leading to a decline in Bitcoin prices. Market sentiment remains cautious, with only 3% of participants expecting a rate cut in March 2025 amid ongoing macroeconomic risks.
about Trump Advisor Discusses Federal Reserve Meetings Amid Inflation ConcernsBitcoin Faces Potential Bear Trap Despite Record Monthly Close Above 100000
Bitcoin analysts caution that the cryptocurrency may face a “bear trap” below $95,000, despite achieving a historic monthly close above $102,000 in January. The recent decline, attributed to inflation concerns and labor market trends, could signal a wider correction, although analysts remain optimistic about Bitcoin’s long-term prospects, with predictions for 2025 ranging from $160,000 to over $180,000. The upcoming labor market report on February 7 will be crucial in determining market sentiment and potential Federal Reserve rate cuts, which could support Bitcoin’s recovery.
about Bitcoin Faces Potential Bear Trap Despite Record Monthly Close Above 100000Bitcoin’s February Outlook Dependent on Upcoming US Labor Market Report
Bitcoin’s momentum is poised for a shift as the US labor market report, due on February 7, could significantly influence investor sentiment. A strong labor market may hinder price growth, while signs of weakness could bolster expectations for Federal Reserve rate cuts, creating a more favorable environment for Bitcoin.Currently, Bitcoin’s price has seen a 13% rise in January but has recently struggled, with analysts warning of a potential correction below $96,000 unless it maintains support above $101,000. The ideal unemployment rate for Bitcoin’s upward trajectory is around 4.1%, which could mirror last year’s performance in February and March.
about Bitcoin's February Outlook Dependent on Upcoming US Labor Market ReportUS Job Growth and Its Impact on Bitcoin Market Sentiment
The US economy added 256,000 jobs in December, surpassing expectations and raising concerns for Bitcoin as the Federal Reserve may halt interest rate cuts to combat inflation. Currently trading above $94,000, Bitcoin has seen a 3.45% decline over the past week, with analysts predicting a 44% chance of no rate cuts through June 2025. Despite this, bullish sentiment persists among investors due to historical performance and ongoing institutional interest.
about US Job Growth and Its Impact on Bitcoin Market Sentiment