The latest inflation data from the United States confirms growing price pressures as the Consumer Price Index (CPI) jumped more than expected in June, adding fresh momentum to market speculation around future Federal Reserve moves.
According to data released Tuesday by the Bureau of Labor Statistics, headline inflation rose 2.7% year-over-year, up from 2.4% in May. Core CPI, which strips out food and energy, climbed to 3% annually — also higher than last month’s 2.8%. On a monthly basis, both headline and core prices increased by 0.3%.
Economists had warned that President Donald Trump’s sweeping tariffs could start pushing consumer prices higher, and June’s figures appear to reflect that. Goods prices saw a notable rebound after a soft showing in May, while services inflation remained firm — providing little relief on the path to higher overall prices.
The spike in inflation could complicate the Federal Reserve’s interest rate strategy. While markets had priced in the possibility of rate cuts later this year, rising inflation might force the Fed to hold firm or even signal hikes, especially if future readings continue to climb above the central bank’s 2% target.
For risk assets like Bitcoin, the implications are mixed. If the Fed turns more hawkish, tightening monetary conditions could apply pressure on speculative markets. However, any sign of persistent inflation — particularly driven by structural factors like tariffs — may reinforce Bitcoin’s appeal as a hedge against fiat currency erosion.
Following the release, Bitcoin saw a brief dip but quickly rebounded, as investors weighed the inflation outlook against broader macro uncertainty. The digital asset continues to trade near $120,000, with volatility expected to rise as the Fed’s response unfolds.
Alexander Zdravkov
Reporter at Coindoo
Alexander Zdravkov is a person who always looks for the logic behind things. He is fluent in German and has more than 3 years of experience in the crypto space, where he skillfully identifies new trends in the world of digital currencies. Whether providing in-depth analysis or daily reports on all topics, his deep understanding and enthusiasm for what he does make him a valuable member of the team.
Source: https://coindoo.com/u-s-inflation-rises-in-june-what-it-could-mean-for-bitcoin/