#cpi
🇺🇸 The US has released CPI data: inflation is rising, but Bitcoin is reacting positively. Why?
Today, the long-awaited US consumer price index (CPI) for May 2026 was released. Despite the fact that annual inflation jumped to 4.2% (the highest level in the last 3 years), the market breathed a sigh of relief, and the Bitcoin price showed a local rebound.
📊 Key figures from the report:
Overall CPI (monthly): increased by 0.5% - clearly within market expectations.
Annual inflation: rose to 4.2% (in April it was 3.8%). This is the first time it has exceeded 4% in three years.
Core CPI: increased by only 0.2% (the forecast was 0.3%, and the April figure was 0.4%). The annual core figure remained at 2.9% (in line with forecasts).
📉 Bitcoin reaction: from panic to cautious optimism
Before the data was published, the price of $BTC fell to the $60,000 area, which made traders quite nervous. However, immediately after the report was released, the first cryptocurrency jumped locally to $61,503.
Trading volume in the last 24 hours increased by 20% (to $37.2 billion), which indicates the activation of buyers.
Even with this rebound, BTC is still in a drawdown: -0.94% per day, -7.75% per week and -23.4% per month.
🤔 Why is crypto growing if inflation is at its peak in 3 years?
It would seem that high inflation is bad for risky assets. But two factors played a role here:
1. The effect of justified expectations: Investors were most afraid of a "hot" report that would exceed forecasts. The fact that the numbers matched expectations eased the panic.
2. Core CPI positive: Core inflationary pressures (excluding fuel and food) were even lower than expected (0.2% instead of 0.3%). This suggests that fundamental pressures on the economy are moderate.
🏦 What’s next? Fed outlook
This report was the last big piece of the puzzle before the US Federal Reserve meeting on June 17.
