June Core CPI at 2.6% YoY on Jul 14 Helps Lift Crypto as Spot ETF Flows Turn Positive

AI Market Summary
June core CPI printed at 2.6% YoY versus 2.8% expected, reinforcing expectations for easier Fed policy and improving risk appetite. Spot crypto ETF flows flipped positive on the release day, totaling $866.7M over the next five sessions, led by BTC at +$712.7M and ETH at +$154.0M. The shift signals a near-term liquidity and positioning tailwind for large-cap crypto via ETF demand.
Impact level
● High
Affected assets
BTC/USDT+0.03%
AI Insight · BTC/USDTAI Insight
▲ Bullish
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U.S. June core CPI rose 2.6% YoY, below the 2.8% market forecast, with the data released on Jul 14. The softer print strengthened expectations for Federal Reserve rate cuts and helped push crypto spot ETF flows from negative to positive. Over the following five trading sessions, the ETFs posted $866.7M in net inflows, including BTC at +$712.7M and ETH at +$154.0M.