Bitcoin Price Teases $89K Mark As US Inflation (CPI) Cools

Key Insights:

• Bitcoin briefly rose to $89,400 amid a volume spike; top crypto stocks displayed sharp rise pre-market.
• Headline consumer price index (CPI) rose 2.7% year-over-year against forecasted 3.1%, reflecting cooling inflation. Core inflation rose 2.6%.
• Inflation print is now closest to the Federal Reserve’s target 2% since March 2021.

To the Federal Reserve’s relief, headline inflation rose 2.7% year over year against 3.1% (forecast). Core inflation, which excludes food and fuel (relatively more volatile than other components of the CPI goods & services basket), rose 2.6% against 3% (forecast).

Bitcoin price reacted positively, reaching just above $89,400 after stagnating for the last few days. Top crypto stocks, including BitMine Immersion Technologies Inc. (BMNR), Coinbase, and Robinhood (HOOD) rose sharply pre-market.

Notably, Polymarket’s January Fed decision chart shows an uptick in the likelihood of a 25 basis points (bps) cut. However, this inflation print means Fed has more room to cut its policy rate.

US Inflation for YoY till November 2025 Lower Than Forecasted

The US CPI data released Thursday morning was the lowest since March 2021. As a result, Bitcoin price reacted positively to the news.

Price levels in the United States cooled over the last 12 months. Shelter (3%), Medical Care Services (3.3%) and Used cars and trucks (3.6%) contributed the most to the core inflation.

The US CPI measures the general price level of goods and services among urban consumers and urban wage earners. The Bureau of Labor Statistics (BLS), which publishes CPI data, reported that October data was not available due to the government shutdown.

Headline Inflation or “the all items index rose 2.7 percent for the 12 months ending November, after rising 3.0 percent over the 12 months ending September,” BLS reported.

Notably, this inflation is a key metric, that usually impacts the broader financial market and Fed’s stance, let alone the Bitcoin price or crypto sector.

CPI for All Urban Consumers (CPI-U) rose 0.2% between September and November 2025. Calculation of this figure omitted October data amid a government shutdown.

BLS reported that CPI data was collected November 14 onwards. The US Government was shut between October 1st and November 14 due to a deadlock among the legislature.

A lower than expected inflation print is good news for American households and the Fed. The group for which this data is recorded – “the all urban consumer group” – “represents over 90 percent of the total U.S. population.”

The Fed’s aim to minimize unemployment and inflation. Its target inflation rate is 2%. Thursday’s CPI release reflects a decrease in both the headline and core inflation rates.

By cutting the Federal Funds Rate or FFR or “policy rate”, the Fed eases inflationary pressures in the economy. Theoretically, as of today, the Fed is less likely to cut rates in January. Presently, the central bank is biased towards taming unemployment.

Bitcoin Price Climbs Above $89,000, BitMine, Coinbase, Robinhood Also Rise

After yesterday’s brief surge to $90,000, Bitcoin price revisited $89,400 post CPI-data release. This is also the US pre-market trading session. Also, trading volume showed a sharp surge at the time.

CPI data is released 8:00 AM Eastern Time, which is pre-market trading hours in the US.

At press time, according to CoinMarketCap data, BTC price was $88,367, reflecting a 1.3% hourly spike. Intraday it reflected a 0.3% drop and weekly, it was down half a percentage point. Trading volume rose 20% in the last 24 hours to $46.1 billion.

Meanwhile, top crypto stocks including BitMine Immersion Technologies, Inc. (NYSE: BMNR), Coinbase Global Inc. (NASDAQ GS: COIN) and Robinhood Markets, Inc. (NASDAQ GS: HOOD) rose sharply in the pre-market trading session.

Immediately after CPI-data release, BMNR stock price was $30, up 4.3% at market open alongside Bitcoin price surge. Notably, the Ethereum (ETH) treasury company expanded its ETH stash not over an hour after the CPI data was published.

Coinbase, the US’s largest centralized exchange, reflected a 2.6% increase at market open, trading at $250.

Robinhood, a multi-asset brokerage, rose over 4% at market open, trading at $120.