ChainCatcher news, as of June 12, 2025, 14:00 (UTC+8), Bitcoin (BTC) is priced at $107,745, down about 2.3% from the 48-hour high of $110,277. The price has temporarily stabilized after testing the support at $107,500, and is still in a high-level consolidation range. Ethereum (ETH) is hovering around $2,800, and the overall trading volume in the crypto market has slightly decreased, with funds becoming more cautious.The latest U.S. CPI for May showed a month-on-month increase of 0.1% and a year-on-year increase of 2.4%, with core CPI year-on-year at 2.8%, all below market expectations, reflecting a continued moderate decline in inflation. Following the data release, U.S. Treasury yields fell, the dollar weakened, gold prices rose, and risk assets received a short-term boost, but the reaction in crypto assets was relatively mild, indicating that the market has partially priced in expectations of slowing inflation.Despite the favorable data for easing expectations, the Federal Reserve is likely to maintain interest rates at the upcoming rate meeting. Analysts generally believe that the window for rate cuts may be pushed back until after September. Policy uncertainty continues to constrain the market's willingness to take long positions.In addition, Société Générale announced that it will issue a dollar stablecoin in July, and the G7 summit will also discuss multinational regulatory cooperation on crypto assets. The ongoing involvement of traditional finance and regulatory agencies is driving the crypto industry towards compliance and institutionalization, laying the foundation for medium- to long-term development.

ChainCatcher news, according to Jinshi Data, Deutsche Bank researcher Rainer Guntermann stated in a report that the U.S. inflation data released on Wednesday should confirm the Federal Reserve's wait-and-see attitude. Guntermann said, "This data will reinforce the Federal Reserve's wait-and-see stance ahead of next week's policy decision, as the impact of the current tariff increases remains limited." According to LSEG data, the money market has fully priced in the Federal Reserve's decision to maintain interest rates on June 18. They also expect the likelihood of a rate cut in September to exceed 50%.

ChainCatcher news, CryptoQuant analyst Axel Adler Jr tweeted, "Investors are waiting for key U.S. inflation data, and Bitcoin volatility has dropped to 200 ATR. Stronger-than-expected CPI data could cool the market and reduce the likelihood of a recent rate cut by the Federal Reserve."

ChainCatcher news, according to Jinshi Data reports, UBS interest rate strategists stated in their latest report that due to ongoing economic growth risks, the bank remains bullish on the 10-year U.S. Treasury bonds. "We believe the market is underestimating the risks of an economic slowdown, and the relatively mild U.S. CPI data in May and June will also support the performance of the 10-year U.S. Treasury bonds." The strategists pointed out that although household inflation expectations have risen, they have not yet translated into significant wage pressure. Additionally, they mentioned that if the U.S. Senate makes adjustments to the "Beautiful Big Bill" proposed by the House of Representatives and further cuts spending, it is expected to alleviate market concerns about the expanding fiscal deficit. However, UBS also believes that in the coming months, the yield on the 10-year U.S. Treasury bonds may struggle to fall below 4%.

ChainCatcher news, Pepperstone strategists indicate that CPI data may prevent the Bank of England from cutting interest rates in June.

ChainCatcher news, according to Jinshi reports, U.S. short-term interest rate futures rose after the CPI data was released, as traders increased their expectations for a Federal Reserve rate cut.

ChainCatcher news, according to CoinDesk, 10x Research stated that the market generally expects the year-on-year growth rate of the U.S. CPI in April to remain unchanged at 2.4%."If this expectation comes true, the market may view this inflation report as good news. Unless there is negative tariff news, this week's inflation data could become a catalyst for Bitcoin's rise," said Markus Thielen, founder of 10x Research, in an interview."The CPI data could be bullish and may drive Bitcoin to a new high," he added.

ChainCatcher news, according to Bloomberg, two senior figures in the U.S. anti-inflation protection and foreign exchange derivatives sectors have launched the dollar stablecoin USDi, whose value is determined by the growth of the U.S. Consumer Price Index (CPI) since December 2024. As of April 15, its value is $1.00863.According to Michael Ashton, who began his anti-inflation investment career at Barclays in the early 2000s, USDi is equivalent to the principal of TIPS, or theoretically similar to an inflation-protected savings account (if one existed). Ashton stated, "There is currently no true risk-free asset, that is, inflation-protected cash. Holding cash is an option on future opportunities, and the cost of that option is inflation. If inflation-protected cash is created, that is the endpoint of the risk line."According to a statement from USDi Partners LLC, the token will have the same purchasing power as the dollar in December 2024. USDi will mint and burn tokens at its stated value, which, like the principal of TIPS, will depend on the CPI of the day.Although the government only releases the CPI once a month, it interpolates daily values for TIPS investors to calculate accrued interest. The CPI value determines the index value of TIPS and USDi with a two-month lag, meaning the CPI for December corresponds to March 1, with data published up to May 31. The value of USDi on April 15 is calculated by dividing the CPI of that day (interpolated between the monthly values of January and February) by the CPI of December, which will always be the denominator in the formula.USDi will be backed by a reserve fund managed by Ashton, who has been managing the Enduring US Inflation Tracking Fund for qualified investors since October 2021. The fund holds assets such as TIPS.

ChainCatcher news, according to Jinshi reports, after the release of the US CPI data, US short-term interest rate futures rose, and traders increased their bets on the Federal Reserve cutting interest rates.

ChainCatcher News: The U.S. Department of Labor will release the March CPI and the number of initial unemployment claims for the week ending April 5 at 20:30 Beijing time tonight. The previous value of the U.S. March unadjusted CPI year-on-year was 2.8%, and the current forecast is 2.6%.Goldman Sachs believes that the main driving factor for the significant increase in the U.S. March CPI will be the continued rise in auto insurance, while tariff pressures will be almost zero.

ChainCatcher news, after the CPI data was released, the US dollar index DXY fell more than 30 points in the short term, currently reported at 103.34.

ChainCatcher news, according to Jinshi reports, Tickmill analyst Joseph Dahrieh stated in a report that the U.S. CPI inflation data could cause U.S. Treasury yields to move in either direction. A higher-than-expected CPI could boost yields and ease recent expectations for a Federal Reserve rate cut.Conversely, soft inflation data would lead to a decline in yields. He also mentioned that recent progress towards a potential ceasefire between Ukraine and Russia would help enhance risk appetite. Currently, institutional surveys of analysts indicate that the overall and core inflation rates in the U.S. for February are expected to decline slightly.

ChainCatcher News: The U.S. Bureau of Labor Statistics will release the February Consumer Price Index (CPI) report tonight at 20:30 (Beijing time). The market expects inflation to ease but remain above the Federal Reserve's target.According to FactSet consensus forecasts, the February CPI is expected to rise by 0.3% month-on-month, with the year-on-year growth rate decreasing from 3.0% in January to 2.9%. If the forecast is accurate, this will be the first time since early 2023 that it falls below the 3% mark; core CPI is expected to rise by 0.3% month-on-month and 3.2% year-on-year.The tariffs and immigration restrictions of the Trump administration have raised new concerns in the market regarding the inflation outlook. Wells Fargo economists stated, "The February CPI report may initially reflect the impact of tariffs, but this is just the beginning." The combination of trade frictions and supply chain complexities may undermine the Federal Reserve's confidence in the trend of declining inflation and delay the market's expectations for interest rate cuts.

ChainCatcher news reports that according to 4E monitoring, on Tuesday, Trump reversed his stance on Canadian tariff policies multiple times, causing the market to experience a "roller coaster" trend. At the beginning of the session, the U.S. stock market initially rose, but then Trump announced a 25% tariff on Canadian steel and aluminum, leading the three major indices to turn negative. Shortly after, news emerged that the policy was paused and both sides would renegotiate, but the downward trend in the U.S. stock market remained unchanged. After the lunch break, the market changed again, with Ukraine agreeing to a 30-day ceasefire. Large tech stock bargain hunters surged, pushing the U.S. stock market to refresh its daily high, but the market weakened again towards the end of the session. By the close, all three major indices ended lower, with the Dow down 1.14%, the S&P 500 down 0.76%, and the Nasdaq down 0.18%. Most of the seven tech giants saw an increase.The cryptocurrency market rebounded significantly, with Bitcoin recovering from a low of $76,606 to above $83,000, rebounding over 8% and reclaiming yesterday's sharp decline. Ethereum rose from a low of $1,754 to $1,920, rebounding over 9%. Some altcoins had even larger rebounds. The total market capitalization of cryptocurrencies slightly recovered to $2.77 trillion, with a 24-hour increase of 2.5%, and market sentiment warmed slightly.In the forex commodities sector, the U.S. dollar index fell over 0.6%, remaining in a downward trend for most of the day. The outlook for global oil inventories improved, leading to a slight increase in international oil prices; the renewed turmoil in U.S. tariff situations and concerns over economic growth supported safe-haven gold, with spot gold rising over 0.9%.The ongoing uncertainty surrounding Trump's tariff policies has continued to impact the market, and the potential effects on consumers and the economy have dampened Wall Street's sentiment. The CPI report at 8:30 PM tonight is highly anticipated, as investors hope to gauge whether the market's concerns about economic stagflation are justified. If the data exceeds expectations, the market may experience another sharp decline.

ChainCatcher news, according to Jinshi reports, several important economic data will be released next week, among which the U.S. February CPI data is the most anticipated by the market. On Wednesday, the U.S. February unadjusted CPI year-on-year rate, seasonally adjusted CPI month-on-month rate, seasonally adjusted core CPI month-on-month rate, and unadjusted core CPI year-on-year rate will be announced. These data will directly impact the Federal Reserve's policy decisions at the meeting on March 18-19.In addition, this week there will also be important events such as U.S. President Trump meeting with American tech leaders, including executives from HP, Intel, IBM, and Qualcomm, as well as the Bank of Canada's interest rate decision and a speech by European Central Bank President Lagarde.

ChainCatcher news, according to QCP Asia analysis, the cryptocurrency market experienced significant volatility this week, with BTC rising to 94K before falling back to 83K, currently fluctuating around 88K. The market is influenced by macro factors such as Trump's reserve plan, the escalation of the US-Canada-China trade war, and tariff adjustments, closely following stock market fluctuations.This Friday will see the first White House crypto summit, but lacking specific policy support, market sentiment is cautious, and investors are watching whether it will act as a price catalyst or trigger a larger sell-off.In addition, the high-yield spread of US bonds has widened to 290bps, and the Atlanta Fed's GDP forecast has turned negative to -2.8%. The market is focused on Friday's non-farm payroll data and next week's CPI to assess the macroeconomic outlook.

ChainCatcher news, according to The Block, the crypto market rebounded after the release of the US CPI data. Presto Research analyst Min Jung stated, "The initial CPI reaction was strong, but as investors took a more cautious approach, realizing that more data is needed to confirm inflation trends, the market rebounded."BTC Markets analyst Rachael Lucas attributed the market recovery to trading bots responding to the stability of macroeconomic conditions, "Algorithmic trading plays a significant role in these rapid movements, with many bots programmed to react instantly to keywords related to Powell, CPI data, and other major economic reports. Given the recent volatility driven by clearing, any stability in macro conditions could trigger positive buybacks, especially from these automated strategies."Lucas explained that the market seems to be shaking off tariff-related concerns and digesting the latest CPI data, as prices are rising without prominent bullish catalysts. "Risk assets, including cryptocurrencies, have responded positively to the stability of macroeconomic conditions, and if liquidity conditions remain supportive, the market may be preparing for the next leg up."