Crypto Surges as CPI Falls, Fed Rate Cut Odds at 99%
The post Crypto Surges as CPI Falls, Fed Rate Cut Odds at 99% appeared on BitcoinEthereumNews.com.
Key Notes Bitcoin price could rally to claim the upside liquidity at $114,000, however, a failure to break past this could trigger a sharper correction. With headline and core CPI both coming in at 3.0%, below forecasts of 3.1%, markets anticipate a 25 bps Federal Reserve rate cut next week. Altcoins Ethereum, XRP, and Binance Coin rose 3-5% following cooler-than-expected US inflation figures. Bitcoin BTC $110 126 24h volatility: 0.1% Market cap: $2.19 T Vol. 24h: $55.26 B price saw a sharp upside to $111,500 levels, extending its daily gains to 2.5% on softer-than-expected US CPI numbers for the month of September. With inflation on a clear decline in the US, the chances of Fed rate cuts next week has surged to 99% as per data from CME Fed Watch tools. As a result, altcoins are staging a quick rally with Ethereum ETH $3 875 24h volatility: 0.4% Market cap: $467.29 B Vol. 24h: $33.44 B , XRP XRP $2.47 24h volatility: 2.8% Market cap: $147.95 B Vol. 24h: $3.83 B , Binance Coin BNB $1 100 24h volatility: 3.2% Market cap: $153.06 B Vol. 24h: $2.73 B , gaining over 3% each. Bitcoin Price Eyes Rally to $114,000 on Softer Inflation and US CPI Data Bitcoin price bounced back from the $110,000 support levels following the release of the US CPI data. Crypto analyst Ted Pillows stated that Bitcoin (BTC) needs to reclaim the $113,000-$114,000 range to confirm further upside potential. He also warned that if the current rally turns out to be another false breakout, the market could experience a sharp correction in the near future. $BTC has reclaimed the $110,000 support level. CPI data will be released today, and it’ll decide the next move for Bitcoin. I’m currently looking for BTC to reclaim the $113,000-$114,000 level for…
Filed under: News - @ October 24, 2025 5:28 pm