Inflation in the US rose by 0.1% in May 2025, with the annual Consumer Price Index (CPI) reaching 2.4%. This updated data was released by the US Department of Labor.
This is reported by Finway
Inflation Dynamics and Bitcoin’s Reaction
Compared to the previous month, when the annual inflation rate was 2.3%, the CPI shows a gradual increase. The situation in the financial markets did not take long to manifest – in response to the new macroeconomic data, Bitcoin reacted with moderate growth and is currently trading near the $110,000 mark.
Impact on the Cryptocurrency Market
According to current data, the first cryptocurrency maintains positions above $110,000, showing restrained but steady growth. Additionally, the price of Ethereum has risen above $2800, while Bitcoin’s dominance in the cryptocurrency market has decreased to less than 64%.
“In light of the updated inflation data in the US, Bitcoin is showing moderate growth. At the time of publication, the first cryptocurrency is trading near the $110,000 mark:”
Previously, entrepreneur and bestselling author of “Rich Dad Poor Dad” Robert Kiyosaki had stated that hyperinflation was beginning and predicted Bitcoin would rise to $1 million.