Bitcoin Rallies Amidst Softer US Inflation Data

Recent data showing softer U.S. inflation led to a significant surge in Bitcoin prices. Experts attribute this move to shifting expectations of the Federal Reserve’s monetary policy, which tends to favor cryptocurrencies. The May 2025 Consumer Price Index (CPI) reported a 2.4% annual inflation rate, below market predictions, prompting optimism that the Federal Reserve might adopt a more dovish approach, potentially influencing Bitcoin price trends.