Will crypto market rally after US CPI data holds at 2.4%?
The post Will crypto market rally after US CPI data holds at 2.4%? appeared on BitcoinEthereumNews.com.
The crypto market showed a muted reaction after US CPI data held at 2.4%, leaving investors watching Federal Reserve policy and Bitcoin price levels. Summary US CPI held at 2.4% in February, matching forecasts and indicating easing inflation. The crypto market reaction remained muted, with Bitcoin stabilizing near $69K. Rate expectations remain steady as prediction platforms like Polymarket and Kalshi show low odds of near-term cuts. The latest inflation data from the United States landed almost exactly where economists expected. February’s Consumer Price Index showed 2.4% annual inflation The report suggests price pressures are cooling, though not disappearing entirely. The data was released by the U.S. Bureau of Labor Statistics on March 11. On a monthly basis, CPI rose 0.3%, slightly higher than January’s 0.2% increase. Core CPI, which excludes food and energy, increased 0.2% for the month and 2.5% year-over-year. This is the lowest headline CPI reading since May 2025. Despite recent oil price swings linked to geopolitical tensions in the Middle East, inflation appears to be easing gradually. Crypto market reaction remains muted The crypto market reacted calmly after the report. Bitcoin (BTC) briefly dipped below $69,000 before recovering to around $69,500. The move was short-lived, and prices stabilized quickly. Other major assets followed a similar pattern. Ethereum (ETH) and several large altcoins posted small gains or losses, while overall crypto market capitalization stayed relatively steady. Inflation data often affects crypto indirectly. When inflation slows, markets tend to expect easier monetary policy from the Federal Reserve. Lower interest rates usually support risk assets such as cryptocurrencies because borrowing becomes cheaper and liquidity improves. However, the latest CPI reading did not strongly shift expectations. Investors already expected a similar result, which limited the market reaction. Interest rate outlook and market direction The Federal Reserve is now widely expected to keep interest…
Filed under: News - @ March 11, 2026 3:23 pm