Bitcoin rises as US consumer price index falls below market expectations
The US Bureau of Labor Statistics (BLS) released its Consumer Price Index (CPI) report, showing a slight increase in inflation in September. Cryptocurrency markets responded, and the price of Bitcoin (BTC) rose.
Notably, this marks the first time since 2018 that CPI data was released on a Friday amid the US government shutdown.
Annual inflation reached 3% in September, US CPI data show.
According to the latest data, the US CPI for September 2025 was 3% year-on-year, slightly below expectations of 3.1%. Economists had expected the core CPI to increase by 0.4% compared to the previous month. This followed the August CPI reading of 2.9%.
US CPI: +3% YEAR-OVER-YEAR (EST. +3.1%)
US CORE CPI: +3% YEAR-OVER-YEAR (EST. +3.1%)— Tree News (@TreeNewsFeed) October 24, 2025
The CPI measures how prices of everyday goods and services change over time, reflecting the rate of inflation. It tracks the cost of goods such as food, housing, and transportation, showing how the overall cost of living changes.
Policymakers and investors use CPI data to assess inflation pressures and make decisions on interest rates and economic policy. The data comes just five days before the next Federal Reserve meeting and is especially important at this time.
The US government shutdown has halted most other key data releases. Therefore, the CPI data is the only important indicator the Fed will consider ahead of its key meeting on October 29.
Source: cryptonews.net
