June CPI Report Looms Large as Inflation Heats Up, Crypto Surges Ahead
2025-07-15 09:38:03
Main Idea
The June CPI report is anticipated to show rising inflation, with Bitcoin reaching a new all-time high ahead of its release, indicating potential market volatility.
Key Points
1. June CPI is expected to rise 2.6% year over year and 0.3% monthly, signaling a return of inflation momentum.
2. Bitcoin surged to a new all-time high of $117,000, with Ethereum and altcoins also gaining, ahead of the CPI release.
3. Core CPI, excluding food and energy, is projected to increase 2.9% annually and 0.3% monthly.
4. New tariffs on imports from Canada, Mexico, and the EU may contribute to inflationary pressures.
5. The CPI figures could either amplify the current crypto rally or trigger a market cooldown, leading to potential volatility.
Description
June CPI expected to rise, signaling inflation momentum may be returning quickly Bitcoin surges past $117K ahead of CPI, signaling crypto’s lead in market sentiment Tariffs add pressure to core goods, raising long-term inflation and Fed policy risks Investors are on edge this morning as the crucial Consumer Price Index (CPI) for June is set to be released at 8:30 a.m. ET. The report could signal whether inflationary pressures are picking up again, particularly as new tariffs from the Trump admin...
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