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US CPI data on June 10 crucial for Bitcoin and gold amid rising Fed rate hike odds.

Market News
09 Jun 2026
BeInCrypto
View Source
Neutral
pluang ai news

On June 10, the US Consumer Price Index (CPI) report will be key for Bitcoin and gold investors as it influences Federal Reserve rate hike expectations. After strong May jobs data, the odds of a Fed rate hike by December have risen to 70%, pressuring Bitcoin and gold prices, which have fallen significantly since May. A higher-than-expected CPI could push these odds above 80%, likely causing further declines in both assets. Conversely, a softer CPI reading could ease rate hike concerns and support price recovery for Bitcoin and gold.

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