+34
Crypto Blog
The US Bureau of Labor Statistics released the Consumer and Price Index for February. The data shows that inflation in the world’s largest economy has decreased to 2.8% YoY compared to January’s numbers of 3%.
The expectations estimated that the ratio would be 2.9%.The decline puts the inflation rate closer to the 2% threshold, which the Federal Reserve had previously set as a healthy zone. America’s central bank closely monitors the CPI data, which is among the main factors that may influence a potential adjustment of the interest rates. The Fed lowered the benchmark three times in 2024 but has yet to do so in 2025. Several months ago, the central bank projected two rate cuts this year that could drop the figure to a range of 3.75% to 4.00%. Reducing the percentage makes money-borrowing easier and might increase the interest in riskier assets such as BTC. Meanwhile, the Core CPI, which excludes more volatile sectors such as food and energy, is up by 3.1% year-over-year, or slightly less than the expected 3.2%.The 5 Best Crypto Staking Platforms in 2025: Everything You Need to KnowSign-up FREE to receive our extended weekly market update and coin analysis report Disclaimer: Information found on CryptoPotato is those of writers quoted. It does not represent the opinions of CryptoPotato on whether to buy, sell, or hold any investments. You are advised to conduct your own research before making any investment decisions. Use provided information at your own risk.
Scratch the next story
United States Latest News, United States Headlines
Similar News: You can also read news stories similar to this one that we have collected from other news sources.
KULR Expands BTC Holdings to 610 BTC, Reports 167% BTC YieldCompany strengthens bitcoin treasury strategy with $10 million purchase, emphasizing BTC yield as key performance indicator.
Read more »
Bitcoin News: What Next for Bitcoin After BTC Suffers Biggest 3-Day Price Since FTX DebacleIn a worst case scenario, prices could slide to the $72,000–$74,000 range, one analyst said.
Read more »
Dormant 8,007 BTC on Move as BTC Price Returns to RedAmid this large movement, Bitcoin's price remains in red
Read more »
Bitcoin Price (BTC) Rises Above $83K as Markets Move Higher on Ukraine NewsStephen is CoinDesk's managing editor for Markets. He previously served as managing editor at Seeking Alpha. A native of suburban Washington, D.C., Stephen went to the University of Pennsylvania's Wharton School, majoring in finance. He holds BTC above CoinDesk’s disclosure threshold of $1,000.
Read more »
Top 3 Price Prediction Bitcoin, Ethereum, Ripple: BTC, ETH and XRP volatility spike expected around US CPI releaseBitcoin (BTC) price hovers around $82,700 on Wednesday after recovering 5.52% the previous day.
Read more »
Bitcoin Price Forecast: BTC hovers $82,500 as global de-risking intensifies on recession fearsBitcoin (BTC) price hovers around $82,500 on Wednesday after recovering 5.52% the previous day.
Read more »