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Core inflation was higher, but not enough to shake crypto bulls while Bitcoin saw a quick rebound, with more bulls than bears on the market.
American inflation picked For the second consecutive month in June 2025, with the Consumer Price Index (CPI) of 2.7%, the highest since February.
THe increases, driven by rising costs in food, transport and used vehicles, indicates that the price pressure turns out to be more persistent than expected.
Although energy prices continued to fall, the pace slowly delayed, where gasoline and fuel oil still fell, but less steep than before.
Core inflation has also disturbed a higher year on an annual basis, which strengthens concern that inflation remains sticky. In response, markets became cautious, with the US dollar index climbing 2.1% to 98.5 in July.
How did Bitcoin respond to the CPI data of June?
Bitcoin [BTC] saw a remarkable increase after the release of American inflation data, increase from $ 115.73 to $ 118.99, which marked an increase of 1.91% in the last 24 hours, according to Mint market cap.
This price movement reflects growing optimism among investors, probably fed by cooling inflation and a softer than expected core CPI.
To support this positive market sentiment, data from Intothlock revealed that a significant 97.14% of the Bitcoin holders ‘in the money’, indicating that their interests were currently appreciated above their initial purchase price.
On the other hand, only 0.57% of the holders were ‘outside the money’, which emphasized the minimum downward pressure in the market.
Source: Intotheblock
The Bulls and Bears indicator of IntotheBlock has added to this bullish story and registered a slight dominance of bulls – 111 versus 110 bears, which suggests a narrow but remarkable lace to buy interest.
Source: Intotheblock
Together, these indicators reflect a cautious optimistic market front views, indicating the potential for a continuous upward boost in the price action of Bitcoin.
Bitcoin when the CPI of May was about to be released
When the CPI data of May were about to be released, the broader crypto market, including Bitcoin, experienced a period of stagnation and uncertainty.
Cryptoquant analysts also noted that investors held a wait-and-see approach and withheld aggressive movements in the midst of speculation around upcoming inflation data.
This caution turned out to be in the volatility of Bitcoin, which fell to 200 ATR, which indicates a quieter trade environment.
Despite increasing inflation, the crypto market is now showing the growing confidence in Bitcoin’s ability to tackle pressure, as more than just a risky active and increasingly as a serious player in the financial system.