2 hours ago
Bitcoin flipped volatile arsenic CPI information came successful little than expected, but failed to travel stocks arsenic they deed caller all-time highs connected Fed rate-cut optimism.
Key points:
Bitcoin terms enactment whipsaws astir a cooler-than-expected CPI print.
Optimism connected hazard assets increases, with the Federal Reserve seen continuing interest-rate cuts done 2026.
BTC finds absorption astatine $112,000, arsenic cardinal enactment reclaim levels emerge.
Bitcoin (BTC) saw caller volatility Friday arsenic US ostentation information sent stocks to caller all-time highs.
BTC/USD one-hour chart. Source: Cointelegraph/TradingView
CPI alleviation fuels caller highs for US stocks
Data from Cointelegraph Markets Pro and TradingView showed BTC terms gains tapping $112,000 earlier reversing astatine the Wall Street open.
The September people of the Consumer Price Index (CPI) came successful beneath expectations crossed the committee — a cardinal tailwind for crypto and hazard assets.
Both the CPI and halfway CPI were 0.1% beneath their anticipated levels, circling 3%, according to an official release from the US Bureau of Labor Statistics (BLS).
CPI 12-month % change. Source: BLSReacting to the news, The Kobeissi Letter, a trading resource, said that the fig “paves the way for different Fed complaint chopped adjacent week.”
“This study was published arsenic a ‘rare exception’ during the US authorities unopen down,” it noted, arsenic the S&P 500 surged to caller grounds levels.
CME Group’s FedWatch Tool, which tracks marketplace likelihood of interest-rate moves by the Federal Reserve, overwhelmingly favored a 0.25% simplification connected Oct. 29.
Fed people complaint probabilities for October FOMC gathering (screenshot). Source: CME Group
“Financial conditions stay escaped wide and are receiving different boost arsenic the Federal Reserve is expected to chopped involvement rates astatine its 2 remaining meetings this year,” trading assets Mosaic Asset Company wrote successful its latest analysis.
BTC/USD vs. S&P 500 one-day chart. Source: Cointelegraph/TradingView
BTC terms struggles contempt CPI relief
Bitcoin inactive had to contend with sell-side unit astatine the US marketplace unfastened connected the day.
Related: Worst Uptober ever? Bitcoin terms risks archetypal ‘red’ October successful years
Traders remained connected edge, with X commentator Exitpump informing that small enactment was successful spot beneath the spot price.
$BTC Thin bid broadside connected perps orderbook btw, tin dump rapidly pic.twitter.com/udWTGVJuqS
— exitpump (@exitpumpBTC) October 24, 2025Trader Diego White described speech order-book liquidity conditions arsenic “heavy,” arsenic information from CoinGlass showed terms approaching a caller ladder of bids astir $110,000.
BTC liquidation heatmap. Source: CoinGlassCaleb Franzen, creator of fiscal probe assets Cubic Analytics, flagged 3 exponential moving averages (EMAs) that were present indispensable to reclaim arsenic support.
“$BTC is rebounding connected the 200-day EMA, truthful far. But present it needs to interruption & adjacent supra the 21/55, which worked arsenic absorption during the retest earlier this week,” helium told X followers.
BTC/USD one-day illustration with 21, 55, 200 EMAs. Source: Caleb Franzen/XThis nonfiction does not incorporate concern proposal oregon recommendations. Every concern and trading determination involves risk, and readers should behaviour their ain probe erstwhile making a decision.
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