美國 5 月 CPI 未達預期，比特幣在大幅回調前大漲！
The U.S. May CPI data fell short of expectations, leading to a volatile reaction in Bitcoin's price. Initially surging past $110,000, Bitcoin dropped nearly 2% to $107,320, raising concerns of a retest of the $100,000 level. Other cryptocurrencies like Ethereum, Ripple, and Solana also declined. The May CPI YoY was 2.4%, below the expected 2.5%, indicating easing price pressures and dampening expectations for a Federal Reserve rate cut in June.
TradingKey – The lower-than-expected May CPI data has weakened expectations for a Federal Reserve rate cut, triggering a volatile reaction in Bitcoin’s price.
On Thursday, June 12, Bitcoin (BTC) continued its decline, dropping nearly 2% to a low of $107,320, raising concerns that it may retest the $100,000 psychological level.
Bitcoin Price Chart – Source: TradingView.
Following the release of U.S. May CPI data, Bitcoin initially surged past $110,000 but quickly reversed, dragging the broader crypto market lower. As of the latest update:
- Ethereum (ETH) fell 1.07%,
- Ripple (XRP) dropped 1.84%,
- Solana (SOL) declined 3.74%.
Economic data showed:
- May CPI YoY: 2.4%, below the expected 2.5%.
- MoM CPI: 0.1%, lower than the forecasted 0.2%.
- Core CPI YoY: 2.8%, missing the 2.9% projection.
- MoM Core CPI: 0.1%, below the expected 0.3%.
The weaker-than-expected inflation figures indicate continued easing in price pressures, further dampening expectations for a June rate cut by the Federal Reserve. As a result, the crypto market’s short-term rebound has stalled.
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