As of April 10, 2025 at 8:57 am EST, Bitcoin’s price stands at $81,626, reflecting a 6.24% increase from Wednesday’s low but about a 2% decrease from the overnight highs.
This morning, the U.S. Bureau of Labor Statistics released the Consumer Price Index (CPI) data for March 2025, indicating a 0.1% decrease on a seasonally adjusted basis. Over the past 12 months, the all-items index increased by 2.4% before seasonal adjustment.
The energy index fell by 2.4% in March, with gasoline prices dropping by 6.3%, contributing to the overall decline in the CPI. Conversely, the food index rose by 0.4% during the same period.
The recent volatility in Bitcoin’s price may be influenced by various factors, including market reactions to economic indicators such as the CPI report and recent developments in trade policies. Notably, President Donald Trump’s announcement of a 90-day pause on certain tariffs has impacted market sentiments.
Investors are closely monitoring these economic indicators and policy changes to assess their potential impact on both traditional and cryptocurrency markets.
– Bitcoin Updates and Coverage from FingerLakes1.com
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