{"id":44537,"date":"2026-06-10T13:29:07","date_gmt":"2026-06-10T13:29:07","guid":{"rendered":"https:\/\/financialrush.com\/?p=44537"},"modified":"2026-06-10T13:29:07","modified_gmt":"2026-06-10T13:29:07","slug":"bitcoin-btc-price-moves-as-us-cpi-for-may-hits-2-year-high","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=44537","title":{"rendered":"Bitcoin (BTC) Price Moves as US CPI for May Hits 2-Year High"},"content":{"rendered":"<p> \n<\/p>\n<div>\n<p>&#13;<br \/>\n\t\t\t\t\t\t\t\t\tRegular CPI has risen a lot more than Core CPI, given the significant increase in energy costs due to the war.\t\t\t\t\t\t\t\t<\/p>\n<\/p><\/div>\n<div>\n<p>The May Consumer Price Index (CPI) report has just been released, showing that inflation in the United States increased precisely as economists had forecasted.<\/p>\n<p>The figure surged to 4.2%, the highest level since April 2023. For its part, Core CPI (which excludes food and energy prices) has risen to a nine-month peak of 2.9% (again meeting expectations).<\/p>\n<p>This is a concerning development, especially since the Federal Reserve views 2% inflation as healthy. The Kobeissi Letter now <a href=\"https:\/\/x.com\/KobeissiLetter\/status\/2064686855317041300\" target=\"_blank\">warns<\/a> that the likelihood of future rate hikes is climbing: a factor that may trigger a further sell-off in the already fragile crypto market.<\/p>\n<p>Somewhat surprisingly, though, BTC jumped after the disclosure, reaching almost $62,000 before reversing to the current $61,500 (per TradingView).<\/p>\n<p>Most leading altcoins, including Ethereum (ETH), Solana (SOL), and Ripple (XPR), have mirrored the movement. However, the market remains highly volatile, and the near-term price direction remains unclear.<\/p>\n<figure id=\"attachment_1439545\" aria-describedby=\"caption-attachment-1439545\" style=\"width: 1512px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/06\/BTC-Price.png\"><\/a><figcaption id=\"caption-attachment-1439545\" class=\"wp-caption-text\">BTC Price, Source: TradingView<\/figcaption><\/figure>\n<div class=\"code-block code-block-12\" style=\"margin: 8px 0; clear: both;\">\n<div><center><span style=\"font-size:11px; color: gray;\">SPECIAL OFFER (Exclusive)<\/span><\/center><br \/>\n<b>Binance Free $600 (CryptoPotato Exclusive): <a href=\"https:\/\/cryptopotato.com\/binance600f\/\" rel=\"nofollow\" onclick=\"if(typeof gtag === 'function') { gtag('event', 'footer_ad_ta_click', {'page_path': window.location.pathname, 'exchange': 'binance', 'link_type': 'main'}); }\">Use this link<\/a> to register a new account and receive $600 exclusive welcome offer on Binance<\/b> (<a href=\"https:\/\/cryptopotato.com\/binance600d\/\" rel=\"nofollow\" onclick=\"if(typeof gtag === 'function') { gtag('event', 'footer_ad_ta_click', {'page_path': window.location.pathname, 'exchange': 'binance', 'link_type': 'full_details'}); }\">full details<\/a>).<\/p>\n<p><b>LIMITED OFFER for CryptoPotato readers at Bybit: <a href=\"https:\/\/cryptopotato.com\/pl\/bybit24\/\" rel=\"nofollow\" onclick=\"if(typeof gtag === 'function') { gtag('event', 'footer_ad_ta_click', {'page_path': window.location.pathname, 'exchange': 'bybit', 'link_type': 'main'}); }\">Use this link<\/a> to register and open a $500 FREE position on any coin!<\/b><\/p>\n<\/div>\n<\/div>\n<p><!-- CONTENT END 1 --><\/p><\/div>\n\n<br \/><a href=\"https:\/\/cryptopotato.com\/bitcoin-btc-price-moves-as-us-cpi-for-may-hits-2-year-high\/\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"&#13; Regular CPI has risen a lot more than Core CPI, given the significant increase in energy costs&hellip;\n","protected":false},"author":2,"featured_media":3893,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-44537","post","type-post","status-publish","format-standard","has-post-thumbnail","category-crypto","cs-entry","cs-video-wrap"],"_links":{"self":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/44537","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=44537"}],"version-history":[{"count":0,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/posts\/44537\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=\/wp\/v2\/media\/3893"}],"wp:attachment":[{"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=44537"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=44537"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/financialrush.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=44537"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}