{"id":12686,"date":"2025-02-12T13:46:51","date_gmt":"2025-02-12T13:46:51","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=12686"},"modified":"2025-02-12T13:46:51","modified_gmt":"2025-02-12T13:46:51","slug":"bitcoin-price-dumps-to-9-day-low-on-higher-than-expected-us-cpi-data","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=12686","title":{"rendered":"Bitcoin Price Dumps to 9-Day Low on Higher-Than-Expected US CPI Data"},"content":{"rendered":"<div>\n<p>The United States Bureau of Labor Statistics released the highly-anticipated Consumer Price Index data for the first month of the year, indicating a year-over-year increase of 3%, which is higher than expectations.<\/p>\n<p>Somewhat expected, BTC\u2019s price reacted with an immediate price drop that drove it south by around two grand within minutes.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p dir=\"ltr\" lang=\"fr\">*US JAN. CONSUMER PRICES RISE 0.5% M\/M; EST. +0.3%<\/p>\n<p>*US JAN. CONSUMER PRICES RISE 3% Y\/Y; EST. +2.9%<\/p>\n<p>*US JAN. CORE CPI RISES 0.4% M\/M; EST. +0.3%<\/p>\n<p>*US JAN. CORE CPI RISES 3.3% Y\/Y; EST. +3.1%<\/p>\n<p>\u2014 *Walter Bloomberg (@DeItaone) <a href=\"https:\/\/twitter.com\/DeItaone\/status\/1889668572152041746?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\" target=\"_blank\">February 12, 2025<\/a><\/p>\n<\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The data for December, <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-shoots-up-above-98-5k-following-release-of-us-december-cpi-data\/\" data-wpel-link=\"internal\">reported<\/a> in mid-January, suggested a more positive look in terms of overall inflation rates within the US year-over-year. However, the numbers for January defy that belief as all measured data shows bigger figures than the anticipated ones.<\/p>\n<p>The Core CPI, which excludes more volatile sectors such as food and energy, is up by 3.3%, while the estimations were at 3.1%. The regular CPI has increased by 3% YoY instead of 2.9%.<\/p>\n<p>BTC\u2019s price reacted immediately to this data with a sharp price fall of nearly two grand. The asset had <a href=\"https:\/\/cryptopotato.com\/altcoins-bleed-again-as-btc-was-stopped-at-98k-ahead-of-cpi-data-market-watch\/\" data-wpel-link=\"internal\">climbed<\/a> to $96,500 ahead of the announcement but slumped to $94,500 (as of now). This became its lowest price position since the early February crash when it dumped below $92,000.<\/p>\n<figure id=\"attachment_383044\" aria-describedby=\"caption-attachment-383044\" style=\"width: 1835px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/BTCUSD-15.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-383044\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/BTCUSD-15.png\" alt=\"BTCUSD. Source: TradingView\" width=\"1835\" height=\"827\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/BTCUSD-15.png 1835w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/BTCUSD-15-300x135.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/BTCUSD-15-1024x461.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/BTCUSD-15-768x346.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/BTCUSD-15-1536x692.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/02\/BTCUSD-15-50x23.png 50w\" sizes=\"auto, (max-width: 1835px) 100vw, 1835px\"><\/a><figcaption id=\"caption-attachment-383044\" class=\"wp-caption-text\">BTCUSD. Source: TradingView<\/figcaption><\/figure>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-dumps-to-9-day-low-on-higher-than-expected-us-cpi-data\/\" rel=\"nofollow\">Bitcoin Price Dumps to 9-Day Low on Higher-Than-Expected US CPI Data<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The United States Bureau of Labor Statistics released the highly-anticipated Consumer Price Index data for the first month of the year, indicating a year-over-year increase of 3%, which is higher than expectations. Somewhat expected, BTC\u2019s price reacted with an immediate price drop that drove it south by around two grand within minutes. *US JAN. CONSUMER [&hellip;]<\/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-12686","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\/12686","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=12686"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/12686\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=12686"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=12686"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=12686"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}