Bitunix Notes Bitcoin Volatility Post-CPI Data Release
- Bitunix highlights Bitcoin price movements after CPI data release.
- Volatility persists in crypto markets.
- Market sentiment remains cautious amid inflation concerns.
Bitcoin experienced significant volatility following the June 2025 CPI release, prompting Bitunix to note the retesting of key support levels.
The release of the CPI data led to increased volatility in the crypto market, particularly impacting Bitcoin prices, as investors weighed inflationary pressures.
Bitcoin recently hit an all-time high but retraced post-CPI data. The CPI report showed a 0.3% increase, impacting asset prices. Bitunix advises caution, as Bitcoin retests critical $110,300 support.
The CPI data was closely watched, affecting Bitcoin and other cryptos. Analysts saw Bitcoin’s response in line with previous cycles. Underlying inflation pressures kept risk perceptions high. Bitunix Analyst, Bitunix Blog, emphasized that “Avoid chasing longs. Watch for a confirmed hold above $110,300 before entering. Otherwise, look for re-entry in the $105,000 region.”
Analysts underscore the importance of market volatility following macroeconomic reports. Bitcoin prices remain subject to sharp fluctuations, reflecting broader market sentiments. The cautious approach advised by Bitunix remains pertinent.
