Bitcoin price slips 1.21% as U.S. inflation data boosts bets on delayed Fed rate cuts
Bitcoin is trading at $117,355.7, down 1.21% on 15 August 2025, as the cryptocurrency tracks lower alongside broader risk assets. The move comes after the latest U.S. inflation data strengthened expectations that the Federal Reserve may hold off on cutting interest rates, pressuring sentiment across rate-sensitive markets.
Highlights
- Bitcoin fell 1.21% to $117,355.70 on 15 August 2025, tracking declines in risk assets after stronger-than-expected U.S. inflation data.
- Markets now expect the Federal Reserve to delay interest rate cuts, pressuring digital assets like Bitcoin amid anticipation of prolonged higher rates.
- Bitcoin is trading range-bound with neutral to slightly bearish momentum as traders await further macroeconomic signals and potential policy shifts.
Fresh consumer price figures out of the United States show inflation running hotter than expected, prompting investors to reevaluate the timeline for potential Fed easing. Anticipation of prolonged higher rates appears to be weighing on digital assets, which have tended to outperform during periods of abundant liquidity and looser financial conditions.
From a technical standpoint, Bitcoin shows no clear support or resistance levels in play at current trading levels, with price action appearing range-bound in recent sessions. The absence of decisive breakout signals has left traders watching for a stronger directional cue.
Market momentum remains neutral to slightly bearish, as traders digest macroeconomic signals and reposition ahead of potential monetary policy shifts. Sentiment across digital assets is cautious, with volumes muted compared to recent volatility spikes.
If U.S. inflation continues to surprise on the upside, Bitcoin could face additional selling pressure as expectations for Fed cuts are further delayed. Conversely, any evidence of cooling price growth or dovish commentary from policymakers may help stabilize prices and support a rebound.
Overall, Bitcoin’s latest move highlights its sensitivity to macroeconomic data and central bank expectations, with investors closely monitoring incoming inflation prints.
Bitcoin is trading near $119,350 after rebounding from a four-day low, with buyers stepping in at the 20-day EMA and the long/short ratio rising to 1.7. The structure break near $118,000 could signal either a start of a downtrend or a stop-hunt, but sentiment remains broadly bullish as the RSI stays above 50 and traders watch the key pivot level at the weekly opening price at $119,000.
- Forex
- Crypto