Crypto Market Gains Ahead of U.S. CPI Report – 11/9/2025
Crypto markets may see stronger momentum if the upcoming U.S. CPI report comes in below expectations, raising the likelihood of a Federal Reserve rate cut.
While major cryptocurrencies, including Bitcoin (BTC) at $114,265.25, await the CPI release, smaller tokens such as PUMP, AVAX, and MNT have surged 8%–11% in the past 24 hours. Leading the top 100 is Provenance Blockchain’s HASH, which has jumped 28%.
The Provenance Blockchain Foundation on Tuesday announced a model that dynamically adjusts inflation rates to maintain network stability.
This approach protects stakers by limiting dilution and preserving the value of their holdings. It also offers additional rewards that align incentives between users and the network, encouraging long-term commitment and healthy growth, the foundation said on X.
Analysts at Bitunix highlighted potential market moves depending on CPI outcomes. “If CPI data is dovish and pushes BTC higher, it could trigger a short squeeze, propelling Bitcoin into the $115,000+ liquidity zone,” they said.
Conversely, if inflation surprises to the upside, it may lift the U.S. Dollar Index (DXY) and delay rate-cut expectations. In that case, $111,000 would serve as key support, with a potential retest of the $108,500–$109,000 zone if breached.