{"id":100633,"date":"2026-06-10T13:34:59","date_gmt":"2026-06-10T13:34:59","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=100633"},"modified":"2026-06-10T13:34:59","modified_gmt":"2026-06-10T13:34:59","slug":"bitcoin-btc-price-moves-as-us-cpi-for-may-hits-2-year-high","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=100633","title":{"rendered":"Bitcoin (BTC) Price Moves as US CPI for May Hits 2-Year High"},"content":{"rendered":"
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The May Consumer Price Index (CPI) report has just been released, showing that inflation in the United States increased precisely as economists had forecasted.<\/p>\n

The figure surged to 4.2%, the highest level since April 2023. For its part, Core CPI (which excludes food and energy prices) has risen to a nine-month peak of 2.9% (again meeting expectations).<\/p>\n

This is a concerning development, especially since the Federal Reserve views 2% inflation as healthy. The Kobeissi Letter now warns<\/a> that the likelihood of future rate hikes is climbing: a factor that may trigger a further sell-off in the already fragile crypto market.<\/p>\n

Somewhat surprisingly, though, BTC jumped after the disclosure, reaching almost $62,000 before reversing to the current $61,500 (per TradingView).<\/p>\n

Most leading altcoins, including Ethereum (ETH), Solana (SOL), and Ripple (XPR), have mirrored the movement. However, the market remains highly volatile, and the near-term price direction remains unclear.<\/p>\n

\"BTC<\/a>
BTC Price, Source: TradingView<\/figcaption><\/figure>\n

The post Bitcoin (BTC) Price Moves as US CPI for May Hits 2-Year High<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

The May Consumer Price Index (CPI) report has just been released, showing that inflation in the United States increased precisely as economists had forecasted. The figure surged to 4.2%, the highest level since April 2023. For its part, Core CPI (which excludes food and energy prices) has risen to a nine-month peak of 2.9% (again […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-100633","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/100633","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=100633"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/100633\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=100633"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=100633"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=100633"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}