June CPI shows inflation at 2.7% – Bitcoin reac

June CPI shows inflation at 2.7% – Bitcoin reaction 

Core inflation edged higher, but not enough to shake crypto bulls as Bitcoin saw a quick rebound, with more bulls than bears in the market.

U.S. inflation picked up for the second straight month in June 2025, with the Consumer Price Index (CPI) reaching 2.7%, the highest since February. 

The increase, driven by rising costs in food, transportation, and used vehicles, signals that price pressures are proving more persistent than expected.

Although energy prices continued to decline, the pace slowed sharply, with gasoline and fuel oil still falling but less steeply than before.

Core inflation also edged higher year-over-year, reinforcing concerns that inflation remains sticky. In response, markets turned cautious, with the U.S. Dollar Index climbing 2.1% to reach 98.5 in July.