The core cpi coming in lower than expected is a positive sign for inflation, which could lead to the fed holding interest rates steady or even considering cuts sooner. this typically benefits risk assets like bitcoin. however, headline inflation remains elevated due to energy costs, which introduces some uncertainty.
A lower-than-forecast core cpi suggests that inflationary pressures might be easing, which is generally bullish for risk assets like bitcoin. it reduces the likelihood of aggressive interest rate hikes by the fed, making holding non-yielding assets like bitcoin more attractive.
The immediate reaction of bitcoin to the cpi data release indicates a short-term price effect. while the underlying implications for monetary policy can have longer-term effects, the direct impact is seen in the hours following the announcement.
Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin rises after core CPI rose a less-than-forecast 0.2% in March. Headline inflation rose 0.9% last month, driven by the sharp rise in energy costs due to the Iran war. By James Van Straten , Stephen Alpher | Edited by Stephen Alpher Apr 10, 2026, 12:33 p.m. Make preferred on As expected, U.S. inflation accelerated last month, driven mostly by rising energy costs linked to the Middle East conflict. Core prices, though, surprised to the downside. The Consumer Price Index (CPI) rose 0.9% in March, according to a Friday report from the Bureau of Labor Statistics. Economists had forecast a 0.9% rise, and February's increase was 0.3%. On a year-over-year basis, CPI was higher by 3.3% against expectations of 3.3% and February's 2.4%. Core CPI, which excludes food and energy costs, was more subdued, rising 0.2% in March versus forecasts of 0.3% and February's 0.2%. Year-over-year core CPI rose 2.6% versus forecasts of 2.7% and February's 2.5%. Trading in a tight range around the $72,000 level in the hours ahead of the news, the price of bitcoin BTC $ 72,058.73 held near that area in the minutes following the report. Amid the war in Iran and the resulting surge in oil prices, markets over the past weeks have shifted from pricing in a series of Fed rate cuts this year to pricing in one or more rate hikes, and now expect no change in U.S. central bank monetary policy. Ahead of this morning's data, there was about a 99% chance the Fed would stay on hold at its late-April meeting and a 97% chance of the same at the mid-June meeting, according to CME FedWatch . Inflation Bitcoin News More For You Encryption Supremacy: Zcash and Privacy in the Age of Scale By CoinDesk Research Mar 31, 2026 Commissioned by GenZcash Most crypto privacy models weaken as blockchain data grows. Encryption-based models like Zcash strengthen. CoinDesk Research maps the five privacy approaches and examines the widening gap. Why it matters : As blockchain adoption scales, the metadata available to machine learning models scales with it. Obfuscation-based privacy approaches are structurally degrading as a result. This report provides a comprehensive comparison of all five major crypto privacy architectures and a framework for evaluating which models remain durable as AI capabilities improve. View Full Report Más para ti Bitcoin holds steady as inflation data looms, bittensor drama unfolds Por Oliver Knight , Omkar Godbole | Editado por Sheldon Reback hace 1 hora Traders face a pivotal Friday as narrowing volatility on bitcoin's chart hints at a massive price move while bittensor faces a high-profile developer exit. Lo que debes saber : Bitcoin and ether prices remain trapped in a narrow range with technical indicators suggesting a potential 40% price swing is imminent. The Bittensor ecosystem is reeling after a major developer departed while claiming the network's decentralization is a lie. Privacy-focused DASH is outperforming the broader market with a 34% gain... Leer la noticia completa Latest Crypto News Institutions' bitcoin positioning lacks conviction; CPI, Iran talks might help 1 hour ago Bitcoin holds steady as inflation data looms, bittensor drama unfolds 1 hour ago HSBC and Standard Chartered-led group land Hong Kong’s first stablecoin licenses 3 hours ago XRP adjacent Flare proposes protocol-level MEV capture and 40% inflation cut 3 hours ago David Bailey’s bitcoin holder Nakamoto is trying to stay on Nasdaq with a reverse stock split 3 hours ago Japan moves to classify cryptocurrencies as financial products 3 hours ago Top Stories Trump's World Liberty Financial uses 5 billion WLFI to borrow $75 million from a platform its advisor co-founded 21 hours ago Quantum-safe bitcoin now possible without a soft fork, but costs $200 a pop, new research shows 8 hours ago Mythos AI threat prompts Bessent, Powell to convene bank CEOs for urgent talks 10 hours ago Potential buyers are circling Winklevoss-backed crypto exchange Gemini 19 hours ago In this article BTC BTC $ 72,058.73 ◢ 1.10 %