4E: The cooling of CPI has not changed the oscillation pattern, Bitcoin is holding steady at key support.

CoinVoice latest news shows that as of June 12, 2025, 14:00 (UTC+8), Bitcoin (BTC) is priced at $107,745, down about 2.3% from the 48-hour high of $110,277. The price has temporarily stabilized after testing the $107,500 support, and remains in a high-level consolidation range. Ethereum (ETH) is hovering around $2,800, and the overall trading volume in the crypto market has slightly decreased, with funds becoming more cautious.

The latest US CPI for May rose 0.1% month-on-month and 2.4% year-on-year, and the core CPI came in at 2.8% year-on-year, both lower than market expectations, reflecting a continued moderate decline in inflation. Risk assets were buoyed in the short term as Treasury yields slipped, the dollar weakened, gold rose after the data was released, but crypto assets reacted relatively modestly, suggesting that the market has partially priced in a slowdown in inflation.

Despite data favoring easing expectations, the Federal Reserve is likely to keep interest rates unchanged at the upcoming rate meeting. Analysts generally believe that the rate cut window may be postponed until after September. Policy uncertainty still restricts the market’s willingness to go long.

In addition, Société Générale announced that it will issue a US dollar stablecoin in July, and the G7 summit will also discuss cross-border cooperation on the regulation of crypto assets. The continued involvement of traditional finance and regulatory bodies is pushing the crypto industry towards compliance and institutionalization, laying the foundation for medium to long-term development.