{"id":5197,"date":"2025-10-24T14:16:28","date_gmt":"2025-10-24T14:16:28","guid":{"rendered":"https:\/\/digkrypton.com\/index.php\/2025\/10\/24\/bitcoin-price-jumps-to-111000-as-softer-cpi-data-fuels-rate-cut-bets\/"},"modified":"2025-10-24T14:16:28","modified_gmt":"2025-10-24T14:16:28","slug":"bitcoin-price-jumps-to-111000-as-softer-cpi-data-fuels-rate-cut-bets","status":"publish","type":"post","link":"https:\/\/digkrypton.com\/index.php\/2025\/10\/24\/bitcoin-price-jumps-to-111000-as-softer-cpi-data-fuels-rate-cut-bets\/","title":{"rendered":"Bitcoin Price Jumps to $111,000 as Softer CPI Data Fuels Rate-Cut Bets"},"content":{"rendered":"<p><a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a><\/p>\n<p><a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-jumps-above-111000\">Bitcoin Price Jumps to $111,000 as Softer CPI Data Fuels Rate-Cut Bets<\/a><\/p>\n<div><\/div>\n<p>Bitcoin price surged past $111,000 today after new <a href=\"https:\/\/www.wsj.com\/livecoverage\/cpi-report-today-inflation-stock-market-10-24-2025?gaa_at=eafs&amp;gaa_n=AWEtsqeeQpXxM3uWbFenk_ghrTpUcAFoa8vPoG40Qp77uRtgB5POEVuau4zeJUAdmZI%3D&amp;gaa_ts=68fb89b4&amp;gaa_sig=mybRUq54iUTi0-ynfY0soksA-00Q0lJL1DPuW7vFQEL5DD1f7_BD3GO0mVBroB1Ubbr7UGnVSM4TsRVmqY1g_A%3D%3D\" target=\"_blank\">U.S. inflation data<\/a> showed a milder-than-expected rise in consumer prices, strengthening expectations that the Federal Reserve will move ahead with additional rate cuts this year.<\/p>\n<p>The Consumer Price Index (CPI) rose 0.3% month-over-month in September, below economists\u2019 forecasts of 0.4%, while \u201ccore\u201d CPI \u2014 excluding food and energy \u2014 rose just 0.2%, also softer than expected.\u00a0<\/p>\n<p>On a year-over-year basis, both headline and core inflation registered 3.0%, slightly below estimates.<\/p>\n<p>The release, delayed 10 days by the <a href=\"https:\/\/bitcoinmagazine.com\/politics\/crypto-market-bill-gains-momentum\">ongoing government shutdown<\/a>, was one of the few major economic reports to make it out this month. An exception was made due to a legal requirement for the Social Security Administration to publish its annual cost-of-living adjustment.<\/p>\n<p>The data reaffirmed market expectations for a 25 basis point rate cut at next week\u2019s Federal Reserve meeting and another in December, which would bring the policy rate down to a 3.75\u20134.00% range.\u00a0<\/p>\n<p>On Polymarket, <a href=\"https:\/\/polymarket.com\/dashboards\/fed-rates\" target=\"_blank\">there is a 97%<\/a> that of a 25 basis point cut next week.\u00a0<\/p>\n<div class=\"wp-block-embed__wrapper\">\n<p>BREAKING:  US inflation rises to 3%, lower than expectations.<\/p>\n<p>\u2014 Bitcoin Magazine (@BitcoinMagazine) <a href=\"https:\/\/twitter.com\/BitcoinMagazine\/status\/1981699842276761884?ref_src=twsrc%5Etfw\" target=\"_blank\">October 24, 2025<\/a>\n<\/p><\/div>\n<p>That being said, White House press secretary Karoline Leavitt <a href=\"https:\/\/www.cnn.com\/business\/live-news\/us-cpi-markets\" target=\"_blank\">praised<\/a> Friday\u2019s CPI report for coming in below expectations but warned that the ongoing government shutdown could prevent the release of October\u2019s inflation data next week<\/p>\n<p>All other economic reports remain paused due to the shutdown that began October 1.<\/p>\n<p>Treasury yields slipped and the dollar weakened following the release, while the Nasdaq 100 added nearly 1%. For Bitcoin, the softer CPI print provided fresh fuel for the rally that began earlier in the week, lifting the asset higher in early Friday trading.\u00a0<\/p>\n<h2 class=\"wp-block-heading\">Bitcoin price this week<\/h2>\n<p>Bitcoin dipped around $107,000 earlier this week <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-slips-to-107000-mid-cycle\">as analysts from VanEck and Standard Chartered<\/a> maintained a bullish outlook despite recent volatility.\u00a0<\/p>\n<p>Standard Chartered\u2019s Geoffrey Kendrick predicted a brief dip below $100,000 soon amid U.S.\u2013China tensions but saw it as a final buying opportunity before a rebound toward $200,000 by year-end.\u00a0<\/p>\n<p>VanEck\u2019s ChainCheck report described October\u2019s 18% correction as a liquidity-driven mid-cycle reset, not a bear market.\u00a0<\/p>\n<p>Analysts noted normalized leverage, strengthening macro demand, and growing institutional activity. VanEck said deleveraging cleared speculative excess, creating entry opportunities as Bitcoin\u2019s role as an \u201canti\u2013money printing\u201d asset deepened.<\/p>\n<p>Bitcoin\u2019s current price is about 13% below its <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-teases-further-all-time-highs-above-125000\">peak<\/a> of roughly $126,000, reached earlier in October on October 6, 2025.<\/p>\n<p>This post <a href=\"https:\/\/bitcoinmagazine.com\/markets\/bitcoin-price-jumps-above-111000\">Bitcoin Price Jumps to $111,000 as Softer CPI Data Fuels Rate-Cut Bets<\/a> first appeared on <a href=\"https:\/\/bitcoinmagazine.com\/\">Bitcoin Magazine<\/a> and is written by <a href=\"https:\/\/bitcoinmagazine.com\/authors\/micahzimmerman\">Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Bitcoin Magazine Bitcoin Price Jumps to $111,000 as Softer CPI Data Fuels Rate-Cut Bets Bitcoin price surged past $111,000 today after new U.S. inflation data showed a milder-than-expected rise in consumer prices, strengthening expectations that the Federal Reserve will move ahead with additional rate cuts this year. The Consumer Price Index (CPI) rose 0.3% month-over-month [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":5198,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"tdm_status":"","tdm_grid_status":"","footnotes":""},"categories":[1],"tags":[],"class_list":{"0":"post-5197","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"acf":[],"_links":{"self":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5197","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/comments?post=5197"}],"version-history":[{"count":0,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/posts\/5197\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media\/5198"}],"wp:attachment":[{"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/media?parent=5197"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/categories?post=5197"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/digkrypton.com\/index.php\/wp-json\/wp\/v2\/tags?post=5197"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}