{"id":7894,"date":"2025-01-15T20:01:55","date_gmt":"2025-01-15T20:01:55","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=7894"},"modified":"2025-01-15T20:01:55","modified_gmt":"2025-01-15T20:01:55","slug":"todays-cpi-report-is-a-major-bitcoin-price-correction-incoming","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=7894","title":{"rendered":"Today\u2019s CPI Report: Is a Major Bitcoin Price Correction Incoming?"},"content":{"rendered":"<div>\n<p>Today\u2019s CPI report is in, and for the first time since July 2024, inflation got rekt.<\/p>\n<p>With December\u2019s CPI <a href=\"https:\/\/99bitcoins.com\/news\/us-inflation-data-hits-2-7-triggers-violent-bitcoin-price-pump-back-above-100k\/\">showing signs<\/a> of slowdown, inflation hawks are catching a rare glimpse of relief. All eyes now turn to the Federal Reserve as this deceleration reshapes the economic chessboard.<\/p>\n<p>The Consumer Price Index (CPI), which maps out price changes in urban consumer goods and services, remains the go-to barometer for economic inflation.<\/p>\n<figure id=\"attachment_192381\" aria-describedby=\"caption-attachment-192381\" style=\"width: 1024px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-192381 size-large\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-25-1-1024x250.png\" alt=\"\" width=\"1024\" height=\"250\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-25-1-1024x250.png 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-25-1-300x73.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-25-1-768x187.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-25-1-50x12.png 50w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-25-1.png 1497w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"><figcaption id=\"caption-attachment-192381\" class=\"wp-caption-text\">(<a href=\"https:\/\/www.coingecko.com\/en\/coins\/bitcoin\" target=\"_blank\" rel=\"nofollow\">CoinGecko<\/a>)<\/figcaption><\/figure>\n<p>\u00a0<\/p>\n<p>Everyone can feel that the Bitcoin <\/p>\n<style>\n    .cwp-coin-chart svg path {\n        stroke: ;\n        stroke-width: ;<\/p>\n<p>    }\n<\/style>\n<p>    <span class=\"cwp-coin-widget-container\" data-id=\"btc-bitcoin\" id=\"coin_widget_id_678814162928e\"><\/p>\n<p>        <!-- name of the coin in the text --><br \/>\n        <span class=\"cwp-coin-widget-wrapper\" data-id=\"btc-bitcoin\"><br \/>\n            <span class=\"cwp-coin-widget-holder \" style=\"background: #e0e0e0; \"><br \/>\n                <span class=\"cwp-coin-name\" data-id=\"btc-bitcoin\"><br \/>\n                    <span class=\"cwp-coin-icon \"><img decoding=\"async\" src=\"https:\/\/cryptify-platform-dev.clickoutmedia.tech\/icons\/btc-bitcoin.png\" alt=\"btc-bitcoin icon\" width=\"16px\" height=\"16px\"><\/span><br \/>\n                    <span class=\"cwp-coin-label \"><\/span><br \/>\n                    <span class=\"cwp-coin-symbol hidden\"><\/span><\/p>\n<p>                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-price hidden\"><\/span><br \/>\n                    <\/span><br \/>\n                    <span class=\"cwp-coin-trend-holder\"><br \/>\n                        <span class=\"cwp-coin-trend \"><\/span><br \/>\n                    <\/span><\/p>\n<p>                <\/span><br \/>\n            <\/span><br \/>\n        <\/span><\/p>\n<p>        <!-- popup with basic info about the coin --><br \/>\n        <span class=\"cwp-coin-popup-wrapper \" data-id=\"btc-bitcoin\" style=\"\"><br \/>\n            <span class=\"cwp-coin-popup-holder\"><br \/>\n                <span class=\"cwp-coin-name\"><br \/>\n                    <span class=\"cwp-coin-icon\"><img decoding=\"async\" src=\"https:\/\/cryptify-platform-dev.clickoutmedia.tech\/icons\/btc-bitcoin.png\" alt=\"btc-bitcoin icon\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-name\"><\/span><br \/>\n                    <span class=\"cwp-coin-popup-symbol\"><\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-price\"><br \/>\n                    <span class=\"cwp-coin-price-title\">Price<\/span><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-price-value\"><\/span><br \/>\n                        <span class=\"cwp-coin-trend-holder\"><br \/>\n                            <span class=\"cwp-coin-trend\"><\/span><br \/>\n                        <\/span><br \/>\n                    <\/span><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-volume\"><br \/>\n                    <span class=\"cwp-coin-price-holder\"><br \/>\n                        <span class=\"cwp-coin-volume-title\">Trading volume in 24h<\/span><\/p>\n<p>                    <\/span><br \/>\n                    <span class=\"cwp-coin-volume-value\"><\/span><br \/>\n                    <!-- <span class=\"cwp-coin-trend-holder\">\n                        <span class=\"cwp-coin-trend\">?<\/span> \n                    <\/span>                     --><br \/>\n                <\/span><br \/>\n                <span class=\"cwp-coin-chart\"><br \/>\n                    <span class=\"cwp-graph-title\">Last 7d price movement<\/span><br \/>\n                    <span class=\"cwp-graph-container\"><\/span><br \/>\n                <\/span><\/p>\n<p>            <\/span>           <\/p>\n<p>        <\/span><br \/>\n    <\/span><\/p>\n<p> (BTC) price movement is <span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\"><a href=\"https:\/\/99bitcoins.com\/news\/presales\/dust-settles-over-xrp-price-crash-best-presale-to-buy-in-2024\/\" target=\"_blank\" rel=\"noopener\">currently manipulated AF<\/a><\/span>.<\/p>\n<p>Yet, like clockwork, Bitcoin pumped 2% on the news, reclaiming $98,000. So where does the Bitcoin price head next?<\/p>\n<h2 class=\"font-bold text-body leading-[24px] pt-[12px] pb-[2px] [&amp;_a]:underline-offset-[6px] [&amp;_.underline]:underline-offset-[6px]\">Core CPI Falls for the First Time in Months<\/h2>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/i.warosu.org\/data\/biz\/img\/0595\/94\/1736856206638016.jpg\" alt=\"\" width=\"330\" height=\"455\"><\/p>\n<p>This man would like to raise rates. And seeing as how job growth was stronger than previously expected, markets were betting that Fed Chair Jerome Powell wouldn\u2019t entertain the idea of cutting interest rates.<\/p>\n<p>Now that option is back on the table, markets responded with a sigh of relief.<\/p>\n<p>Stock futures ticked up, and the 10-year Treasury yield fell to under 4.7%, driven by a slight boost in investor confidence. But the Fed\u2019s battle isn\u2019t over\u2014costs for used cars and transportation remain stubbornly high, leaving inflation elevated and unpredictable.<\/p>\n<figure id=\"attachment_192409\" aria-describedby=\"caption-attachment-192409\" style=\"width: 940px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-192409 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-26-1.png\" alt=\"\" width=\"940\" height=\"426\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-26-1.png 940w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-26-1-300x136.png 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-26-1-768x348.png 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/Screenshot-26-1-50x23.png 50w\" sizes=\"auto, (max-width: 940px) 100vw, 940px\"><figcaption id=\"caption-attachment-192409\" class=\"wp-caption-text\">(<a class=\"general-link\" href=\"https:\/\/x.com\/SatoshiFlipper\/status\/1879522259297354062\" target=\"_blank\" rel=\"noopener nofollow\">X<\/a>)<\/figcaption><\/figure>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Headline inflation ticked up 2.9% year-over-year in December, edging above November\u2019s 2.7%. It climbed 0.4% monthly, with fuel prices and stubbornly high food costs doing most of the damage.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Energy shot up 2.6%, fueled by a 4.4% spike in gas prices, which made up 40% of the month\u2019s CPI gains.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">UK inflation also caught everyone off-guard in December, slipping to 2.5% from November\u2019s 2.6%. That tiny drop\u2014the first in three months\u2014has fueled talk of an interest rate cut on the horizon.<\/p>\n<h2 class=\"font-bold text-body leading-[24px] pt-[12px] pb-[2px] [&amp;_a]:underline-offset-[6px] [&amp;_.underline]:underline-offset-[6px]\">How Will CPI Impact on Federal Reserve Policy?<\/h2>\n<p>The inflation report is a <a href=\"https:\/\/99bitcoins.com\/news\/how-might-fed-interest-rates-and-jobless-claims-impact-a-bullish-crypto-market\/\">mixed bag<\/a> for the Fed, pointing to slow progress while exposing the grind of hitting its 2% goal.<\/p>\n<p>Morgan Stanley\u2019s Ellen Zentner dubbed the CPI data \u201cdovish,\u201d enough to keep expectations firm for a pause in rate moves this month, putting hawkish chatter on ice.<\/p>\n<p>On the horizon, Donald Trump\u2019s proposed tariffs and tax breaks could further stoke inflation when his policies take effect in 2025.<\/p>\n<h2 class=\"font-bold text-body leading-[24px] pt-[12px] pb-[2px] [&amp;_a]:underline-offset-[6px] [&amp;_.underline]:underline-offset-[6px]\">Optimism for 2025<\/h2>\n<figure id=\"attachment_191910\" aria-describedby=\"caption-attachment-191910\" style=\"width: 1374px\" class=\"wp-caption aligncenter\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-191910 size-full\" src=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/1736910700360010.jpg\" alt=\"\" width=\"1374\" height=\"998\" srcset=\"https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/1736910700360010.jpg 1374w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/1736910700360010-300x218.jpg 300w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/1736910700360010-1024x744.jpg 1024w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/1736910700360010-768x558.jpg 768w, https:\/\/99bitcoins.com\/wp-content\/uploads\/2025\/01\/1736910700360010-50x36.jpg 50w\" sizes=\"auto, (max-width: 1374px) 100vw, 1374px\"><figcaption id=\"caption-attachment-191910\" class=\"wp-caption-text\">(<a class=\"general-link\" href=\"https:\/\/www.bea.gov\/\" target=\"_blank\" rel=\"noopener nofollow\">Source<\/a>)<\/figcaption><\/figure>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">Oh wait, we said \u201coptimism in 2025!\u201d Credit card debt ain\u2019t that.<\/p>\n<p class=\"text-body font-regular leading-[24px] pt-[9px] pb-[2px]\">However, the credit debt problem shows President Joe Biden left Trump an economic mess.<\/p>\n<p>We\u2019re in a situation where every outcome can be interpreted badly. If CPI is high, the market panics because it assumes interest rates will stay high or even get hiked. If CPI is low, it will scare everyone into thinking economic activity is slow, and the Fed needs to lower rates, but getting the Fed to lower rates is like pulling teeth.<\/p>\n<p><span style=\"box-sizing: border-box; margin: 0px; padding: 0px;\">Right now, we\u2019re in the \u201call news is bad news\u201d phase, but there have been plenty of times we\u2019ve been in the \u201c<a href=\"https:\/\/99bitcoins.com\/news\/biggest-crypto-stories-of-2024-crypto-year-in-review\/\" target=\"_blank\" rel=\"noopener\">all news is good news<\/a>\u201d phase, too.<\/span><\/p>\n<p>Trump is the X factor. His first few months in office will determine the Bitcoin price and the direction of the economy.<\/p>\n<p><strong>EXPLORE:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/analysis\/top-crypto-trends-for-bull-run\/\" target=\"_blank\" rel=\"noopener\">Crypto Trends For Bullrun \u2013 January 2025<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"nofollow noopener nofollow nofollow nofollow\">Join The 99Bitcoins News Discord Here For The Latest Market Updates<\/a><\/strong><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/todays-cpi-report-major-bitcoin-price-correction-incoming\/\">Today\u2019s CPI Report: Is a Major Bitcoin Price Correction Incoming?<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Today\u2019s CPI report is in, and for the first time since July 2024, inflation got rekt. With December\u2019s CPI showing signs of slowdown, inflation hawks are catching a rare glimpse of relief. All eyes now turn to the Federal Reserve as this deceleration reshapes the economic chessboard. The Consumer Price Index (CPI), which maps out [&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-7894","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\/7894","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=7894"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/7894\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7894"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7894"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7894"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}