$BTC Holds $110K as Inflation Cools While #Trump Demands Fed Rate Cut


$BTC traded steadily between $109,600 and $110,100 as May inflation data showed the headline CPI rising just 2.4% year-over-year, significantly beating expectations.


Core CPI held at 2.8% while the broader #inflation trend continued cooling, giving markets confidence in Fed policy shifts ahead.


#Trump simultaneously called for a full percentage point Fed rate cut following his China trade deal announcement on #TruthSocial.


Nansen analyst Aurelie Barthere noted that U.S.-China trade progress now carries more weight than inflation data for #crypto markets.


Coin Bureau's Nic Puckrin expects inflation to trend lower throughout 2025, finally giving the Fed confidence to cut rates again.


21Shares strategist Matt Mena cited over $5.7 billion spot $BTC ETF inflows in May as evidence of growing institutional adoption.


The Fed meets June 17-18, though CME FedWatch shows no rate cut expected this month despite Trump's public pressure.

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June 11, 2025 at 7:14 PM
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