January's US CPI Data Indicates Easing Inflation: Potential Impact on Bitcoin's Value

The Consumer Price Index (CPI) for January 2025 indicates a cooling inflation rate of 2.4%, slightly below the estimated 2.5%. The regular CPI monthly increase was at its lowest since last May at 0.2%. Chief economist of Navy Federal Credit Union, Heather Long, suggested that declining prices for gas, used cars, and medical care in January contributed to the lower inflation, despite increases in utilities and transportation. Bitcoin's price, often susceptible to volatility with the release of US CPI data, increased slightly before correcting itself. A more significant impact on Bitcoin's price is anticipated once the US Federal Reserve considers this data for its next interest rate reduction decision.