US CPI dey 2.7% Make Bitcoin Price Rally Go Reach $125K
US consumer price inflation drop small to 2.7% year-over-year for August, e no reach the 2.8% forecast level, but core CPI still dey high for 3.1%. The soft headline figure make people expect say Fed fit cut rate for September meeting and waka go front. Stock index futures rise, crypto market follow the groove: Bitcoin price hold close to $119,000 and Ethereum dey trade pass $4,000.
Bullish Scenario: If Fed confirm rate cut for September, e fit push Bitcoin past $120,000, target $125,000 by Q4 2025. Neutral Scenario: If Fed hold body, Bitcoin fit remain between $116,000 and $120,000. Bearish Scenario: If Fed talk tory wey tight or inflation come up again, Bitcoin fit fall back near $112,000.
Ethereum too dey strong for key support near $4,000, fit rally reach $4,500. High-beta altcoins like ADA and SOL go benefit from wetin liquidity increase. Traders suppose keep eye for mid-September FOMC meeting as next big thing, volatility fit show between now and then.
Bullish
Di sub-forecast US CPI figure of 2.7% dey boost expectation for Fed rate cuts as early as September, e dey give better confidence for risk assets. Historically, inflation readings wey dey below estimate—like we see for mid-2023—dem dey trigger strong crypto rallies, with Bitcoin break important resistance levels. Market reaction, wey see Bitcoin hold near $119K and Ethereum pass $4K, dey mirror past pattern wey easing inflation bring fresh buying. Short term, traders suppose expect wahala around Fed communication, but medium term outlook still dey positive if rate cuts happen. Confirmed dovish move fit likely push Bitcoin go $125K and also boost high-beta altcoins like ADA and SOL.