{"id":268252,"date":"2025-07-17T03:14:10","date_gmt":"2025-07-17T03:14:10","guid":{"rendered":"https:\/\/www.europesays.com\/uk\/268252\/"},"modified":"2025-07-17T03:14:10","modified_gmt":"2025-07-17T03:14:10","slug":"june-cpi-shows-inflation-at-2-7-heres-how-bitcoin-reacted-to-this-news","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/uk\/268252\/","title":{"rendered":"June CPI shows inflation at 2.7% – Here’s how Bitcoin reacted to this news\u00a0"},"content":{"rendered":"

\t\t\t\t\t\t\t\tKey Takeaways<\/p>\n

Core inflation edged higher, but not enough to shake crypto bulls as Bitcoin saw a quick rebound, with more bulls than bears in the market.<\/p>\n

U.S. inflation picked<\/a> up for the second straight month in June 2025, with the Consumer Price Index (CPI) reaching 2.7%, the highest since February.\u00a0<\/p>\n

The increase, driven by rising costs in food, transportation, and used vehicles, signals that price pressures are proving more persistent than expected. <\/p>\n

Although energy prices continued to decline, the pace slowed sharply, with gasoline and fuel oil still falling but less steeply than before. <\/p>\n

Core inflation also edged higher year-over-year, reinforcing concerns that inflation remains sticky. In response, markets turned cautious, with the U.S. Dollar Index climbing 2.1% to reach 98.5 in July.<\/p>\n

How did Bitcoin react to June\u2019s CPI data?<\/p>\n

Bitcoin [BTC]<\/a> saw a notable uptick following the release of U.S. inflation data, surging from $115.73 to $118.99, marking a 1.91% increase over the past 24 hours, as per CoinMarketCap<\/a>.<\/p>\n

This price movement reflects growing optimism among investors, likely fueled by cooling inflation and a softer-than-expected core CPI. <\/p>\n

Supporting this positive market sentiment, data from IntoTheBlock revealed that a substantial 97.14% of Bitcoin holders were \u201cin the money,\u201d indicating their holdings were currently valued above their initial purchase price.<\/p>\n

In contrast, only 0.57% of holders were \u201cout of the money,\u201d highlighting minimal downside pressure in the market.<\/p>\n

\"BTC<\/a><\/p>\n

Source: IntoTheBlock<\/p>\n

Adding to this bullish narrative, the Bulls and Bears indicator by IntoTheBlock recorded a slight dominance of bulls \u2014 111 versus 110 bears, suggesting a narrow but notable tilt toward buying interest.<\/p>\n

\"BTC<\/a><\/p>\n

Source: IntoTheBlock<\/p>\n

Together, these indicators reflect a cautiously optimistic market outlook, hinting at the potential for continued upward momentum in Bitcoin\u2019s price action.<\/p>\n

Bitcoin when May\u2019s CPI was about to be released<\/p>\n

Back when the May CPI data was about to be released, the broader crypto market, including Bitcoin, was experiencing<\/a> a period of stagnation and uncertainty. <\/p>\n

CryptoQuant analysts also observed that investors took a wait-and-watch approach, holding back from aggressive moves amid speculation around upcoming inflation data.<\/p>\n

This caution showed in Bitcoin\u2019s volatility, which dropped to 200 ATR, signaling a quieter trading environment.<\/p>\n

Still, despite rising inflation, the crypto market now shows growing confidence in Bitcoin\u2019s ability to handle pressure, treating it as more than just a risky asset and increasingly as a serious player in the financial system.<\/p>\n

\t\t\t\t\t\t\t\t\t\t\tNext: Chainlink: Traders bet big on LINK\u2019s rally, despite major RISKS \u2013 Why?<\/a>\t\t\t\t\t\t\t\t\t\t<\/p>\n","protected":false},"excerpt":{"rendered":"Key Takeaways Core inflation edged higher, but not enough to shake crypto bulls as Bitcoin saw a quick…\n","protected":false},"author":2,"featured_media":268253,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[52,51,16,15],"class_list":{"0":"post-268252","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business","8":"tag-ambcrypto","9":"tag-business","10":"tag-uk","11":"tag-united-kingdom"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@uk\/114866399904256417","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/268252","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/comments?post=268252"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/posts\/268252\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media\/268253"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/media?parent=268252"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/categories?post=268252"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/uk\/wp-json\/wp\/v2\/tags?post=268252"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}