Why did Bitcoin rise after the CPI report today?

Inflation cooled to 2.4% year over year, easing concerns about sticky prices. That improved Fed rate cut odds for June, lowered yields, and supported risk appetite. As liquidity improved, buyers pushed price toward $69,000. The move also coincided with hopes for progress on US crypto legislation this spring.

What are Fed rate cut odds and why do they matter for crypto?

Fed rate cut odds come from futures pricing and reflect how likely the market sees a policy cut. Lower policy rates reduce funding costs, can weaken the dollar, and often support risk assets like Bitcoin. Rising odds after soft inflation data tend to improve sentiment and liquidity in crypto.

What levels are important for Bitcoin price today?

Near term, resistance sits around $69,434 and then $70,000 to $72,000. Initial support is near $65,800. Volatility is high, with ATR around $4,465. A strong close above resistance could invite momentum buying, while a break below support might trigger a deeper test of recent lows.

How could US crypto legislation affect Bitcoin in 2026?

Clear rules on stablecoins, market structure, and custody could lower compliance risk and attract more institutional investors. That can deepen liquidity and reduce spreads. Timelines can move, so traders should treat headlines as catalysts. Progress, combined with favorable macro data, may help broaden adoption and confidence.

Global Market Insights

BTCUSD Today, February 14: Cooler CPI, June Cut Odds Fuel Rebound

ByDanny Kontos February 14, 2026February 14, 2026

The CPI report today cooled to 2.4% year over year, and crypto reacted fast. Bitcoin (BTCUSD) pushed toward $69,000 as Bitcoin price today improved, and traders priced higher chances of a June Fed rate cut. Hopes for progress on US crypto legislation this spring added support. Spot volumes climbed, and risk appetite steadied after a shaky week in equities. We break down what this means for positioning, the technical setup, and the next catalysts to watch.