U.S. CPI Report to Decide Crypto’s Next Move – Will the Fed Hold Back?
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The post U.S. CPI Report to Decide Crypto’s Next Move – Will the Fed Hold Back? appeared first on Coinpedia Fintech News Bitcoin stayed steady above $105,000 on Monday as investors turned cautious ahead of key U.S. inflation data. While price movement was quiet, strong ETF demand and institutional inflows helped maintain support. Altcoins saw mixed action, with XRP jumping 3%, Solana and Avalanche ticking higher, but BNB and Dogecoin slipping by around 2%. All eyes are on the Consumer Price Index (CPI) and Producer Price Index (PPI) data for May, which could shape market sentiment and impact the Federal Reserve’s next move. At the same time, major updates on crypto regulation, including a spot Litecoin ETF decision and the Crypto Market Structure Bill, are expected. BIG WEEK AHEAD FOR CRYPTO MONDAY: U.S./CHINA IN-PERSON TRADE TALKSWEDNESDAY: MAY CPI INFLATION DATATHURSDAY: MAY PPI INFLATION DATA Source: @rovercrc https://t.co/FcGLNUTbcq pic.twitter.com/67AjybJb3N — Mario Nawfal’s Roundtable (@RoundtableSpace) June 8, 2025 CPI and PPI Data Could Delay Fed Rate Cuts Bloomberg analysts believe core inflation is likely to rise to 2.9% year-over-year in May, marking the first uptick of 2025. This comes as the effects of the Trump-era tariffs begin to show, with businesses passing on higher import costs to consumers. The core CPI, which excludes food and energy, is estimated to have increased by 0.3% in May, its biggest rise in four months. The PPI report will follow a day later, offering further insights into inflation at the producer level. If the data comes in hotter than expected, it could reduce the chances of the Federal Reserve cutting interest rates during its policy meeting on June 17–18. Bitcoin and Ethereum Stay Calm Despite Big Week Even with all these macro signals, the crypto market is staying calm. According to Greeks.Live, Bitcoin’s implied volatility has…
Filed under: News - @ June 9, 2025 10:21 am