Trade War Eases, CPI No Threat: BTC Uptrend Strengthens

2025-06-10 08:53

Newsroom

Will Bitcoin's uptrend continue?

What factors are contributing to Bitcoin's rally?

Are there any threats to Bitcoin's current bullish momentum?

Trade War Eases, CPI No Threat: BTC Uptrend Strengthens — Image source: Unblock Media

Bitcoin Breaks Bullish Triangle Pattern on June 10, 2025
Matrixport Analyzes that New Capital Inflows are Driving the Rise

[Unblock Media]

On June 10, 2025, Bitcoin continued its upward momentum by breaking the bullish triangle pattern. According to the cryptocurrency financial services company Matrixport, this breakout was driven by new capital inflows, rather than speculative overheating. [object Object]

“Many expected the cryptocurrency market to be quiet in the second half of 2025, but this rally is being supported by new buying momentum," said Matrixport. The company also added that the easing of trade war concerns and the upcoming U.S. Consumer Price Index (CPI) report— even if it shows a slight increase — are unlikely to hinder this bullish momentum.

Analysts interpret this movement as confirmation of a continued trend rather than a temporary spike, pointing to improving macroeconomic sentiment and sustained demand.