With inflation in the US remaining below expectations, Bitcoin (BTC) price stabilized around the 110,000 dollar range.
In May, the Consumer Price Index (CPI) showed an annual increase of 2.4%, while the headline inflation rose for the first time since January, the overall inflation trend continued to slow down. Core inflation remained stable at 2.8%.
While financial markets reacted limitedly to the data, Bitcoin traded in the range of 109,600–110,100 dollars. US stocks continued their volatile course with a slight increase.
Nansen Chief Research Analyst Aurelie Barthere stated that the current data will have a limited impact on the market. "It is not expected that this data will create a strong movement in the markets," Barthere argued that the US-China trade talks have become a more significant macro factor. "Progress or setbacks in these talks could be decisive for risk assets."
Ahead of the CPI data, President Donald Trump announced via Truth Social that a new customs tariff agreement between the U.S. and China has been finalized, with only formalities remaining. Trump also called on the FED to cut interest rates by a full percentage point.
Nic Puckrin, the founder of Coin Bureau, stated that the falling inflation and the "exaggerated" concerns over customs duties could prompt the FED to take action regarding interest rate cuts. Puckrin, who said, "I expect inflation to continue its downward trend throughout the year. This could give the FED confidence to lower interest rates," mentioned that this could trigger the final upward phase of Bitcoin in this cycle.
"As almost half of the year has passed, the inflation monster continues to stay in its cage despite all the pessimistic predictions," he added.
*This is not investment advice.
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What Is Expected for Bitcoin After the Inflation Data Shock in the USA and Trump's Statements on China? Here Are Expert Opinions
With inflation in the US remaining below expectations, Bitcoin (BTC) price stabilized around the 110,000 dollar range.
In May, the Consumer Price Index (CPI) showed an annual increase of 2.4%, while the headline inflation rose for the first time since January, the overall inflation trend continued to slow down. Core inflation remained stable at 2.8%.
While financial markets reacted limitedly to the data, Bitcoin traded in the range of 109,600–110,100 dollars. US stocks continued their volatile course with a slight increase.
Nansen Chief Research Analyst Aurelie Barthere stated that the current data will have a limited impact on the market. "It is not expected that this data will create a strong movement in the markets," Barthere argued that the US-China trade talks have become a more significant macro factor. "Progress or setbacks in these talks could be decisive for risk assets."
Ahead of the CPI data, President Donald Trump announced via Truth Social that a new customs tariff agreement between the U.S. and China has been finalized, with only formalities remaining. Trump also called on the FED to cut interest rates by a full percentage point.
Nic Puckrin, the founder of Coin Bureau, stated that the falling inflation and the "exaggerated" concerns over customs duties could prompt the FED to take action regarding interest rate cuts. Puckrin, who said, "I expect inflation to continue its downward trend throughout the year. This could give the FED confidence to lower interest rates," mentioned that this could trigger the final upward phase of Bitcoin in this cycle.
"As almost half of the year has passed, the inflation monster continues to stay in its cage despite all the pessimistic predictions," he added.
*This is not investment advice.
Follow our Telegram group, Twitter account, and Youtube channel for exclusive news, analyses, and on-chain data right now! Also, start live price tracking immediately by downloading our Android and IOS applications!