CPI Data Could Push Bitcoin, Ethereum, XRP to Key Levels

February’s U.S. CPI release nears, and inflation signals plus rate expectations could push BTC toward $70k, ETH near $2k, and XRP around $1.55.

Rich by Coin

2026-03-09

Crypto markets are closely awaiting the February U.S. CPI release, as inflation readings can shape expectations for interest-rate policy and drive volatility in Bitcoin, Ethereum, and XRP. Last month’s CPI data pushed the crypto market up by nearly 4%, underscoring how inflation signals influence crypto pricing.

Economists expect February CPI and Core CPI data to show inflation around 2.5%, slightly higher than January’s 2.4%, suggesting the Fed may delay rate cuts. The CME Group FedWatch Tool shows about a 95% probability that rates will stay near 3.5%–3.75%.

Bitcoin is trading around $67,179, Ethereum near $1,980, and XRP around $1.35 as traders await the CPI release. If inflation comes in cooler than expected, Bitcoin could attempt a move toward $70,000, with Ethereum and XRP likely following; a hotter print could push Bitcoin toward a lower support around $60,000. Past CPI moves show Bitcoin rallying about 5% to roughly $70,500 after a 2.4% CPI reading, while Ethereum and XRP gained around 5% to 8%, with Ethereum above $2,100 and XRP near $1.55.