Rising CPI data triggered specific selling among US traders

Bitcoin price and Coinbase index suggest US traders preemptively braced for Fed's potential hawkish policy.

Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.

Bitcoin's recent price dip to $94,000 raised eyebrows as it coincided with the latest US Consumer Price Index (CPI) data release. The juicy detail lies in the first snapshot of inflation under the Trump administration, which fell short of hopes for easing pressure, triggering market jitters. With the Coinbase premium index also taking a hit, the fundamental question arises—are US traders jumping ship, or is this a fleeting reaction to inflation fears? Dive into the full analysis to see how this macro twist ties into Bitcoin's fortunes.