Bitcoin and Ethereum Prices Rise as U.S. Inflation Drops to 2.4% in March
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The March US Consumer Price Index (CPI) showed a lower-than-expected inflation rate of 2.4%, leading to significant gains in cryptocurrency markets. Bitcoin rose 7.5% to $82,000, Ethereum climbed to $1,600, and Solana increased by 11% to around $114. The inflation data suggests potential easing of Federal Reserve monetary policy and reduced economic tensions.
April 11, 2025 | 1:30 am
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Bitcoin price surged to $82,000 following the March CPI report, which showed lower-than-expected inflation of 2.4%, potentially signaling future Federal Reserve policy changes.
Lower inflation increases likelihood of interest rate cuts, which typically boosts risk assets like Bitcoin. The 7.5% price increase reflects market optimism about potential monetary policy shifts.
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