Bitcoin News Today: Bitcoin stalls amid mixed U.S. CPI data and 93% rate cut odds

Bitcoin’s price movement has shown signs of hesitation following the release of mixed U.S. Consumer Price Index (CPI) data, which has created uncertainty among investors and traders. As of August 11, 2025, the cryptocurrency has been trading within a range of $118,159.03 and $120,193.39, indicating a lack of clear direction in the market [1]. This behavior contrasts with the broader expectations that lower inflation might support a more bullish trajectory for Bitcoin.

The July CPI data reported a 2.7% annualized increase in consumer prices, a figure that, while lower than recent months, still shows inflationary pressure [2]. This mixed performance influenced investor sentiment across asset classes. In the cryptocurrency market, Ethereum (ETH) appeared to gain momentum, nearing its previous all-time highs, whereas Bitcoin remained relatively flat amid a $43.83 million liquidation of long positions [1]. The contrast between the two major cryptocurrencies highlights a divergence in market expectations and investor behavior.

The release of the CPI data also affected the odds of a Federal Reserve rate cut, which climbed above 93%. Market participants are closely watching for signs that the Fed might pivot toward easing monetary policy, which could provide a tailwind for risk assets like Bitcoin [4]. However, Fed Chair Jerome Powell’s continued emphasis on the 12-month inflation outlook has kept uncertainty alive, which in turn has led to cautious trading strategies.

Institutional activity has been another key factor influencing Bitcoin’s trajectory. Reports indicate that despite the short-term correction, there have been signs of institutional buying, which could signal long-term confidence in the asset. However, these signs have not yet translated into a decisive upward breakout for Bitcoin [5].

The mixed CPI data has not only affected Bitcoin but also rippled through the broader financial markets. For instance, shares of Bitcoin miners such as Riot Platforms (RIOT) and Mara Holdings (MARA) have seen slight declines, reflecting investor skepticism about the sector's near-term prospects [6]. Meanwhile, monthly CPI readings aligned with expectations, but the core CPI reading came in slightly above forecasts at 3.1%, raising concerns that progress toward disinflation might be stalling [7].

Market analysts suggest that the coming weeks will be crucial in determining Bitcoin’s next move. With the Fed’s policy direction still uncertain and macroeconomic data continuing to provide mixed signals, traders are likely to remain on the sidelines until clearer trends emerge [1]. For now, Bitcoin appears to be in a consolidation phase, with traders closely monitoring key economic indicators and central bank communications for further cues.

The broader crypto market remains largely flat as investors digest the latest inflation data and assess its implications for monetary policy. While some assets, like Ethereum, show signs of strength, Bitcoin’s stall underscores the cautious mood among investors in the current macroeconomic climate [3].

Source:

[1] https://news.bitcoin.com/bitcoin-stalls-after-mixed-cpi-data/

[2] https://blockchair.com/news/bitcoin-usd115k-bets-in-demand-as-downside-fears-grip-market-ahead-of-u-s-cpi-report--2dde6ddb3c292599

[3] https://thedefiant.io/news/markets/crypto-markets-mostly-flat-while-eth-trades-near-2021-levels

[4] https://www.theblock.co/post/366567/bitcoin-eth-bounce-as-us-inflation-cools-boosting-odds-of-september-fed-cut

[5] https://www.ainvest.com/news/bitcoin-news-today-bitcoin-stabilizes-118-000-institutional-buying-upcoming-cpi-data-2508/

[6] https://stocktwits.com/news-articles/markets/equity/inflation-report/chrxPu3RdJG

[7] https://www.schwab.com/learn/story/stock-market-update-open