The Consumer Price Index (CPI) fell to 2.6% in October, signaling the beginning of a bull market for dollar-denominated assets. This comes as the economy is expected to boom in 2025. The CPI measures the rate of gain or loss in dollar purchasing power over time. A higher CPI indicates rising prices for consumer goods.
After falling steadily from March to September, the CPI prompted the US central bank to cut rates in September. This led to an increase in Bitcoin’s price and US stock market benchmarks like the S&P 500 setting new all-time high records. With inflation moving back up again, analysts predict a Bitcoin rally deep into the six figures in 2025, potentially reaching $150,000 or $200,000.
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