{"id":24644,"date":"2025-06-11T18:51:08","date_gmt":"2025-06-11T15:51:08","guid":{"rendered":"https:\/\/forklog.com\/en\/bitcoin-price-shows-tepid-reaction-to-us-inflation-slowdown\/"},"modified":"2025-06-11T18:51:08","modified_gmt":"2025-06-11T15:51:08","slug":"bitcoin-price-shows-tepid-reaction-to-us-inflation-slowdown","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-price-shows-tepid-reaction-to-us-inflation-slowdown\/","title":{"rendered":"Bitcoin Price Shows Tepid Reaction to US Inflation Slowdown"},"content":{"rendered":"<p>In May, the US Consumer Price Index <a href=\"https:\/\/www.bls.gov\/news.release\/cpi.nr0.htm\">rose<\/a> by 0.1%, compared to 0.2% in April. On an annual basis, without seasonal adjustment, the CPI increased to 2.4%.<\/p>\n<p>The primary driver of inflation was real estate, with the housing price index rising by 0.3% for the month (3.9% for the year). Food prices showed a similar increase. Energy and gasoline costs fell by 1% and 2.6%, respectively, in May.<\/p>\n<p>The data released by the US Bureau of Labor Statistics (BLS) came in below analysts&#8217; expectations. Experts had forecasted a CPI of 2.5%.<\/p>\n<blockquote class=\"twitter-tweet\" data-lang=\"en\">\n<p lang=\"en\" dir=\"ltr\">? Just In: May US CPI annual inflation rises 2.4%, in line with expectations of 2.5%.<\/p>\n<p>Core CPI inflation increased 2.8% Y\/Y, below forecasts for a gain of 2.9%. <a href=\"https:\/\/t.co\/kHqz1J5nXS\">pic.twitter.com\/kHqz1J5nXS<\/a><\/p>\n<p>\u2014 Jesse Cohen (@JesseCohenInv) <a href=\"https:\/\/twitter.com\/JesseCohenInv\/status\/1932777493414416574?ref_src=twsrc%5Etfw\">June 11, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span data-descr=\"Core CPI index\" class=\"old_tooltip\">Core CPI<\/span> for May also fell short of consensus forecasts\u20142.8% actual versus 2.9% expected.<\/p>\n<p>Swap and options markets are almost entirely <a href=\"https:\/\/www.cmegroup.com\/markets\/interest-rates\/cme-fedwatch-tool.html?redirect=\/trading\/interest-rates\/countdown-to-fomc.html\">confident<\/a> that the <span data-descr=\"Federal Reserve System\" class=\"old_tooltip\">Fed<\/span> will maintain the key rate range of 4.25-4.5% following the meeting on June 18. The probability of this scenario is estimated at 99.8%.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"477\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/CME-FedWatch-CME-Group-Opera-1024x477.jpg\" alt=\"CME-FedWatch-CME-Group-Opera\" class=\"wp-image-260293\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/CME-FedWatch-CME-Group-Opera-1024x477.jpg 1024w, https:\/\/forklog.com\/wp-content\/uploads\/CME-FedWatch-CME-Group-Opera-300x140.jpg 300w, https:\/\/forklog.com\/wp-content\/uploads\/CME-FedWatch-CME-Group-Opera-768x358.jpg 768w, https:\/\/forklog.com\/wp-content\/uploads\/CME-FedWatch-CME-Group-Opera.jpg 1268w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: CME.<\/figcaption><\/figure>\n<p>It is traditionally believed that increased liquidity availability positively affects the prices of risk assets like Bitcoin and other digital currencies.<\/p>\n<p>The cryptocurrency market as a whole showed little reaction to the BLS data. Bitcoin prices briefly exceeded $110,000, while Ethereum&#8217;s price rose above $2800.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"625\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/BTCUSD_2025-06-11_18-07-26-1024x625.png\" alt=\"BTCUSD_2025-06-11_18-07-26\" class=\"wp-image-260294\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/BTCUSD_2025-06-11_18-07-26-1024x625.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSD_2025-06-11_18-07-26-300x183.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSD_2025-06-11_18-07-26-768x469.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/BTCUSD_2025-06-11_18-07-26.png 1327w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">15-minute BTC\/USD chart from Binance. Data: Tr<a href=\"https:\/\/www.tradingview.com\/symbols\/BTCUSD\/?exchange=BINANCE\">adingView<\/a>.<\/figcaption><\/figure>\n<p>According to <a href=\"https:\/\/www.coingecko.com\/\">CoinGecko<\/a>, all top-10 digital assets by market capitalization ended the day in the &#8220;green zone.&#8221; Only TRON saw a 1% decline in the last hour.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"583\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-36-1024x583.jpg\" alt=\"Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-36\" class=\"wp-image-260295\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-36-1024x583.jpg 1024w, https:\/\/forklog.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-36-300x171.jpg 300w, https:\/\/forklog.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-36-768x437.jpg 768w, https:\/\/forklog.com\/wp-content\/uploads\/Cryptocurrency-Prices-Charts-and-Crypto-Market-Cap-CoinGecko-Google-Chrome-36.jpg 1287w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Data: CoinGecko.<\/figcaption><\/figure>\n<p>The stock market reacted with even less significant growth. By the time of writing, the Nasdaq Composite index had risen by 0.27%, the S&#038;P 500 by 0.28%, and the Dow Jones indicator added 0.18%.<\/p>\n<p>Earlier, BitMEX co-founder Arthur Hayes <a href=\"https:\/\/forklog.com\/en\/news\/arthur-hayes-predicts-bitcoin-surge-to-150000-due-to-fed-policy\">suggested<\/a> that a softening of the Fed&#8217;s policy could lead to Bitcoin rising to $150,000 by the end of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In May, the US Consumer Price Index rose by 0.1%, compared to 0.2% in April. On an annual basis, without seasonal adjustment, the CPI increased to 2.4%. The primary driver of inflation was real estate, with the housing price index rising by 0.3% for the month (3.9% for the year). Food prices showed a similar [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":24643,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1249,1224],"class_list":["post-24644","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-federal-reserve-system","tag-macroeconomics"],"aioseo_notices":[],"amp_enabled":true,"views":"181","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24644","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=24644"}],"version-history":[{"count":0,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/24644\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/24643"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=24644"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=24644"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=24644"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}