Bitcoin, Ethereum, and XRP Show Bullish Signals After U.S. CPI Report
Cooling U.S. inflation sparks fresh momentum across top cryptocurrencies. BTC retests $110K, ETH breaks $2,800, and XRP shows price resilience.
🔍 Market Snapshot – June 12, 2025
Fresh U.S. Consumer Price Index (CPI) data is out — and it came in cooler than expected. That’s good news for financial markets, and crypto is reacting with positive sentiment.
💵 Global crypto market cap: $3.47 trillion
📊 24h trading volume: $135.14 billion
🔝 Top performers: BTC, ETH, XRP, plus altcoins like $KAIA, $JTO, and $SPX, each gaining over 10%
Let’s break down what’s happening across the big three: $BTC, $ETH, and $XRP 👇
🚀 Bitcoin ($BTC) Retests $110,000 – Bulls Eye ATH
Bitcoin is bouncing back — again. Today, it retested the $110K mark, hitting a 24-hour high of $110,384.22. Despite a slight dip in daily volume to $52.11 billion, Bitcoin continues to dominate with a 62.91% market share.
Price Structure:
🔵 Above key EMAs on the daily chart
✅ 20-day EMA offers support near $106,300
✅ 200-day EMA at $92,300 confirms long-term trend strength
Momentum Check:
🟢 MACD is printing bullish green histograms
📈 Positive convergence signals ongoing trend strength
> If momentum holds, Bitcoin may retest its ATH at $111,970. Support zones sit at $107,218 and $106,332 in case of a cool-off.
💡 Ethereum ($ETH) Breaks $2,800 — First Time Since February
Ethereum just broke a major barrier — $2,800, a level unseen since late February. With a market cap of $341.47 billion, ETH now commands 9.89% of the total crypto market.
Chart Signals:
✅ RSI is climbing and nearing the overbought zone (currently ~69)
✅ 50-day EMA is pushing upward
✅ 200-day EMA offers support around $2,471
📊 The setup hints at a possible Golden Cross, which traditionally supports continued bullish movement.
> ETH could aim for $3,000 next if the bullish sentiment stays intact. Otherwise, expect possible retracements to $2,602 or $2,471.
🌀 XRP ($XRP) Holds Ground Near $2.30
XRP is showing price stability, holding its ground near the $2.30 mark. While not showing explosive growth like BTC or ETH, XRP remains a key asset to watch due to consistent trading volumes and strong community engagement.
Support & Resistance:
⛔ Still struggling at 50-day EMA resistance
🧭 Watch for a breakout above $2.35 to signal renewed upside
> While the asset faces short-term resistance, a breakout could unlock a move toward higher ranges, assuming market sentiment remains favorable.
🔝 Altcoin Movers to Watch
Some lesser-known altcoins posted strong gains:
$KAIA – +12.3%
$JTO – +10.5%
$SPX – +11.9%
$VIRTUAL – +10.8%
$ARB – +9.6%
📌 Tip: Always do your own research (DYOR) when looking at fast-moving assets.
📊 What’s Driving the Market?
Lower-than-expected U.S. CPI inflation data has boosted hopes that the Federal Reserve may maintain current interest rates or shift to a more neutral stance. Historically, lower inflation has supported risk-on assets like cryptocurrencies.
> 🔎 While no policy changes have been confirmed, this macro environment provides a backdrop that often aligns with increased crypto activity.
