The United States inflation marched unexpectedly higher in January, sending strongly lower cryptographic and traditional markets.
The consumer price index (CPI) (IPC) increased by 0.5% in January compared to an expected rate of 0.3% and 0.4% of December. About a year after year, the CPI was higher by 3.0% compared to the forecasts of 2.9% and 2.9% in December.
The so -called CPI Central, which excludes food and energy costs, increased 0.4% in January compared to 0.3% expected and 0.2% the previous month. Year after year, the CPI Central was higher by 3.3% versus 3.1% expected and 3.2% in December.
Already quoting in the downward trend this week, the price of Bitcoin (BTC) fell sharply in the moments after the disappointing report, falling below the level of $ 95,000. The Broad Coendesk 20 index was lower by 2.9% in the last 24 hours.
Futures of the US shares index. UU. They fell approximately 1% in the news and 10 -year treasure performance increased 10 basic points to 4.63%. Gold submerged more than 1% and the dollar index increased 0.5%.
After exploding $ 100,000 shortly after Donald Trump’s electoral victory in November, Bitcoin has negotiated between $ 90,000 and $ 109,000 so that more than two months have passed. China’s concerns promoted by artificial intelligence (AI), the threat of commercial wars and the highest interest rates than expected due to the continuous strength in the economy and inflation have been among the factors that tempered prices.
Tyling before the Congress yesterday, the president of the Federal Reserve, Jay Powell, reiterated that it is likely that the cuts of additional central bank rates are out of the table in the predictable future, except the unexpected recessions in the economy or inflation.
Today’s inflation data could prepare the scenario so that the markets begin the price in rate increases in 2025 and a new test of the $ 90,000 area for Bitcoin.
