Bitcoin Price (BTC) Jumps Above $111,000 On Inflation Data

The Bitcoin worth rose above $111,000 as we speak after new worth US inflation data confirmed a milder-than-expected rise in client costs, reinforcing expectations that the Federal Reserve will make additional rate of interest cuts this yr.

The buyer worth index (CPI) rose 0.3% month-on-month in September, under economists’ expectations of 0.4%, whereas the “core” CPI – excluding meals and vitality – rose solely 0.2%, additionally softer than anticipated.

On an annual foundation, each headline and core inflation had been 3.0%, barely under estimates.

The discharge, which was delayed by 10 days as a result of ongoing authorities shutdown, was considered one of a handful of main financial experiences launched this month. An exception was made as a result of a authorized requirement for the Social Safety Administration to publish its annual cost-of-living adjustment.

The information reaffirmed market expectations for a 25 foundation level charge reduce at subsequent week’s Federal Reserve assembly and one other in December, which might push key charges all the way down to a variety of three.75 to 4.00%.

At Polymarkt, there is a 97% that of a 25 foundation level reduce subsequent week.

That mentioned, White Home Press Secretary Karoline Leavitt praised Friday’s CPI report got here in under expectations, however warned that the continuing authorities shutdown might stop the discharge of October inflation knowledge subsequent week

All different financial experiences stay suspended as a result of shutdown that started on October 1.

Treasury yields fell and the greenback weakened after the discharge, whereas the Nasdaq 100 rose almost 1%. For Bitcoin, the softer CPI print added gasoline to the rally that began earlier this week, sending the asset greater in early Friday buying and selling.

Bitcoin worth this week

Bitcoin fell round $107,000 earlier this week, whereas analysts at VanEck and Commonplace Chartered maintained a bullish outlook regardless of latest volatility.

Commonplace Chartered’s Geoffrey Kendrick predicted a quick dip under $100,000 quickly as a result of US-China tensions, however noticed this as a remaining shopping for alternative earlier than a restoration in the direction of $200,000 by the tip of the yr.

VanEck’s ChainCheck report describes October’s 18% correction as a liquidity-driven mid-cycle reset, not a bear market.

Analysts famous a normalized debt burden, strengthening macro demand and rising institutional exercise. VanEck mentioned deleveraging has eradicated speculative surplus, creating entry alternatives as Bitcoin’s function as a money-printing software has deepened.

Bitcoin’s present worth is about 13% under its peak of about $126,000, which was reached earlier in October, on October 6, 2025.