The release of the Consumer Price Index (CPI) data in the United States often has a significant impact on the Bitcoin market. Typically, CPI data that exceeds expectations puts downward pressure on Bitcoin prices, while data that falls below expectations may inject positive factors into the market.

When CPI data exceeds expectations, it usually indicates increased inflationary pressure, leading to heightened market expectations for the Federal Reserve to adopt tightening monetary policies. In this context, Bitcoin, as a high-risk asset, becomes significantly less attractive. Investors tend to shift their funds to assets considered safer, which results in a decline in Bitcoin prices. For example, in June 2025, the U.S. CPI increased by 2.7% year-on-year, surpassing market expectations. This data suggests signs of rising inflation, weakening the possibility of the Federal Reserve lowering interest rates in September. Subsequently, the price of Bitcoin sharply fell from its historical high of $123,000 to $116,000, with the liquidation amount across the network reaching as high as $493 million within 24 hours.

On the contrary, if the CPI data is lower than expected, it may enhance the market's expectations for the Federal Reserve to loosen monetary policy. In this case, the US dollar may weaken, thereby increasing investors' demand for high-risk assets such as Bitcoin, driving up the price of Bitcoin. Such a situation occurred in December 2024, when the US CPI rose 2.9% year-on-year and the core CPI rose 3.2% year-on-year, both lower than market expectations. Subsequently, the price of Bitcoin continued to rise, at one point breaking the 99000 dollar mark.

It is worth noting that on September 11, 2025, at 20:30 Beijing time, the United States will release the CPI data for August. Market participants should closely monitor this data as it may have a significant impact on the short-term price trends of Bitcoin. However, investors should also remember that while macroeconomic data has a crucial influence on the cryptocurrency market, the fluctuations in Bitcoin's price are also affected by many other factors such as the regulatory environment, technological developments, and market sentiment, among others. Therefore, when making investment decisions, it is necessary to consider multiple factors comprehensively, rather than relying solely on a single economic indicator.