7h ago

Bitcoin jumps above $79,000 and Ethereum hits $2,640 after U.S. core CPI drops to a 66-month low

AI Market Summary

A US core CPI print at a 66-month low triggered a sharp, immediate risk-on reaction in crypto. Bitcoin surged above 79,000 (+4.5% in ~60 minutes) and Ethereum jumped to 2,640 (+8%), indicating sensitivity to disinflation and the implied easing in financial conditions. The move highlights elevated volatility around macro releases and reinforces CPI as a key near-term catalyst for major tokens.

Impact level

● High

Affected assets

BTC/USDT+0.20%

AI Insight · BTC/USDTAI Insight

▲ Bullish

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A U.S. core CPI reading at a 66-month low triggered sharp volatility across crypto markets. Within 60 minutes of the data release, Bitcoin surged more than 4.5% to break above $79,000. Ethereum rallied more than 8% over the same window, reaching $2,640 for the first time in seven months. Both assets moved higher immediately after the inflation data hit.

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