February CPI in the United States slowed down across the board, Bitcoin surpassed 83,000, Nvidia Tesla surged more than 6%, and the Fed's interest rate cut expectations in June rise

The U.S. Bureau of Labor Statistics released the latest consumer price index (CPI) last night, indicating a comprehensive slowdown in the U.S. CPI in February, with inflation under control. Encouraged by this, the market expects a rise in the Fed's interest rate cuts this year, leading to rebounds in both BTC and U.S. stocks. (Background: Arthur Hayes: BTC will bottom out at $70,000! Waiting for the stock market crash and Fed rate cuts to 'add to the position') (Background: Trump's big gamble - risking an economic downturn, what is he planning?) The latest CPI data shows a general slowdown, indicating controlled inflation in the U.S. President Trump also publicly stated last night that the latest inflation data is very positive. Will the Fed cut rates in June? Inspired by the latest CPI data, the market is beginning to hope for another interest rate cut by the Federal Reserve this year. According to the CME FedWatch Tool, although the current market believes that the Fed will likely choose to maintain interest rates at the meetings this month and in May, with probabilities of 98% and 82% respectively, the probability of a rate cut in June has risen to nearly a month's high of 68.8%, with a 16.9% probability of keeping interest rates unchanged and a 14% probability of a two-notch rate cut. On the other hand, Trump's recent series of economic policies, especially tariff policies, are also increasing concerns about a U.S. economic downturn in the market. After the release of last night's CPI data, which eased the recent significant dumping, and with investors buying technology stocks on dips, major U.S. indices closed on the rise on the 12th: The Dow fell 82.55 points or 0.20% to close at 41350.93 points, the S&P 500 rose 27.23 points or 0.49% to close at 5599.30 points, the tech-heavy Nasdaq rose 212.35 points or 1.22% to close at 17648.45 points, and the Philadelphia Semiconductor Index rose 106.95 points or 2.45% to close at 4481.02 points. In terms of individual stocks, TSL, which has experienced a recent big dump, surged by 7.59%, Nvidia also rose by 6.43%, and Taiwan Semiconductor ADR rose by 3.63%. There were reports of Taiwan Semiconductor planning to establish a joint venture to operate Intel's foundry business, which led to a 4.55% rise in Intel's stock price. However, returning to the tariff war, the White House implemented a 25% tariff on steel and aluminum from various countries on Wednesday. Canada announced retaliatory tariffs of 25% on over $20 billion worth of U.S. goods, and the EU announced that it will impose counter-tariffs on $26 billion worth of U.S. imports starting in April, putting pressure on the stock market. BTC briefly broke through $84,000 and then experienced a market chase. In the cryptocurrency market, following the CPI data release, BTC briefly surged to a high of $84,499, but later faced market maker chasing, combined with the U.S. stock market opening with a fall followed by a rise, dropping rapidly to $80,597. However, it continued to rebound, rising to $83,685 at the time of writing, with a 0.53% rise in the past 24 hours. Among the top ten tokens, there were mixed rises and falls, with Ethereum still relatively weak, striving to stay above $1900. BNB perhaps received a boost from the Abu Dhabi investment institution GMX injecting $2 billion, rising by 2.95%. Related reports: TSMC rumored to invite Nvidia, AMD, Broadcom to jointly operate Intel's wafer foundry, is Trump forcing a rescue of Intel? U.S. January PCE meets expectations, increased rate cut probability! U.S. stocks rise across the board, BTC back above $85,000. Rate cut hopes dashed? Fed officials hawkish, 'may need to raise rates to curb inflation reversal'. This article was originally published on BlockTempo, the most influential blockchain news media.