Bitcoin price traded at $64,049, down 0.28%, as investors awaited the latest United States Consumer Price Index report. BTC moved between an intraday low of $63,204 and a high of $64,400. The inflation release could determine whether Bitcoin extends its recovery or faces renewed selling pressure.
US CPI Data Could Trigger Bitcoin Volatility
U.S. CPI data will be released today at 8:30 a.m. ET. The previous annual inflation was 3.5%, and analysts expect it to be 3.4%. Any increase in the reading would lead to losses, any decrease could lead to an increase, and 3.4% would lead to mixed trading.
The US Bureau of Labor Statistics will publish July CPI data at 8:30 a.m. Eastern Time. Economists predict that headline inflation will increase by 0.1% per month following a 0.4% decrease in June.
Inflation is expected to decrease to 3.4% per year; core CPI would rise by 0.2% monthly and 2.5% yearly.
🚨 REMINDER: 🇺🇸 U.S. CPI DATA DROPS TODAY AT 8:30 AM ET!
Previous: 3.5% Forecast: 3.4%
IF INFLATION > 3.4% → MARKETS CRASH HARD
IF INFLATION < 3.4% → MARKETS RALLY HARD
IF INFLATION = 3.4% → EXPECT A MIXED REACTION pic.twitter.com/PCUQNUBorJ
— Crypto Rover (@cryptorover) August 12, 2026
The report will shape expectations surrounding the Federal Reserve’s September interest-rate decision. The milder inflation would lessen the pressure on the policymakers to adopt tight monetary policies.




