The impact of the latest American inflation data was immediately felt on the Crypto market this Wednesday, February 12, 2025. Bitcoin dropped below 95,000 dollars after the announcement of inflation higher than expectations, While Donald Trump continues to put pressure for a drop in interest rates.
Bitcoin down after a surprise announcement from the Fed
The Bureau of Labor Statistics American published this Wednesday, February 12, inflation figures for January 2025. The consumer price index (IPC) has a monthly increase of 0.5 %, exceeding 0.2 % Forecast of Dow Jones analysts. Over one year, inflation now reaches 3 %, or 0.1 % above estimates.
This monthly increase in inflation is the most important observed for a year, which worries investors. The Crypto market, particularly sensitive to macroeconomic data, immediately reacted to this news. Bitcoin went under 95,000 dollars as soon as these figures announce.
Steno Research analysts underline That this situation could lead to more Bitcoin sales, periods of increasing inflation being generally unfavorable to the assets considered to be risky.
Tensions between Trump and the Fed on monetary policy
In this tense economic context, Donald Trump reiterated his position on Truth Social, his social media platform, by calling for a drop in interest rates. “” Interest rates should be lowered, which would go hand in hand with future customs prices! Let's Rock and Roll, America! »»said the former president.
This statement comes after Jerome Powell's words, the president of the Fed, who said that the Central Bank did not see the urgency to reduce rates. “” Our monetary policy being now significantly less restrictive than before and the remaining economy, we do not need to rush to adjust our monetary policy “He said.
Nic Puckrin, founder of The Coin Bureau, sheds interesting light on the situation. According to him, the increase in inflation in January is partly due to seasonal factors and should not influence the Fed's decision on rates in March. He suggests that the Fed will focus more on the unemployment figures expected on March 7 and on the PCE index (personal consumption expenditure) scheduled for February 28.
In short, Bitcoin therefore faces several challenges: higher than expected inflation, disagreements on American monetary policy, and increasing trade tensions between the United States and China. These factors maintain strong uncertainty in the crypto markets.
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