Bitcoin Dips Below $80K as US Inflation Cools to 2.4% in March
Bitcoin (BTC) experienced a notable price decline, dropping below the $80,000 threshold after briefly stabilizing around $81,000. As of April 11, 2025, BTC is trading at $79,188.44, marking a modest 1.81% recovery over the past 24 hours. This price movement aligns with the latest US inflation data, which showed a significant slowdown in March, with the annual rate easing to 2.4%—down from February’s 2.8% and the lowest since September. Notably, March also recorded a 0.1% monthly price decline, the first since [previous date]. The cooling inflation figures may influence market expectations around Federal Reserve policy, potentially impacting Bitcoin’s near-term trajectory as investors assess macroeconomic conditions.
BTC Price Falls Below $80K Amid US Inflation Data
Bitcoin (BTC) price fell below $80K after finding support at the $81,000 level. At the time of writing, it was valued at $79,188.44, showing a 1.81% recovery over 24 hours. This price movement coincides with the release of US economic data revealing a 2.4% inflation rate for March, significantly lower than the 2.8% rate in February and the slowest rate since September. Notably, there was a monthly price decline of 0.1% for the first time since September 2022, bringing Optimism among market participants that the cooling of inflation may favor crypto assets, including Bitcoin. However, the article does not mention other coins or exchanges.
Bitcoin Life Insurance Firm Raises $40M for Global Expansion
A startup offering life insurance and annuities denominated in Bitcoin (BTC) has raised $40 million in a Series A funding round led by Framework and Fulgur Ventures, with participation from early Bitcoin advocate Wences Casares. The firm, which keeps premiums and benefits in BTC to help policyholders guard against inflation and currency devaluation, plans to use the funds to accelerate its global rollout, particularly in regions where inflation is a concern. However, policyholders also take on BTC’s price volatility.
New Hampshire House Passes State Bitcoin Reserve Bill
A bill proposing the creation of a state Bitcoin reserve was passed by the New Hampshire House of Representatives on Thursday. The House’s vote on New Hampshire Bill HB302, which if passed would allow the state’s treasury to invest in precious metals and digital assets, held a difference of just 13 votes, with 192 representatives voting for the bill and 179 voting against. The bill will now move on to the New Hampshire Senate. Proposed in January, the bill would allow the state’s treasury to allocate up to 5% in Bitcoin. Representative Keith Ammon, who proposed the bill, said, “We’re tied to the U.S. dollar, whether we like it or not, but this would allow us to have the state invest a small portion into this uncorrelated, new asset class.”
Spot Bitcoin ETFs Bleed $127M Despite Market Rally on Tariff Pause
U.S. spot bitcoin ETFs recorded $127.12 million in net outflows on Wednesday, despite substantial gains in equity and crypto markets. The outflows followed Donald Trump’s 90-day pause on new tariffs and a reduction in specific trade duties. BlackRock’s IBIT saw the highest outflows among bitcoin ETFs, with $89.71 million in redemptions. The Bitcoin ETF showed weakness even as traditional and digital asset markets posted strong gains.
Bitcoin Miners Adjust to Tariff Threat
Bitcoin miners are scrambling to adjust to Trump’s global tariffs, which are poised to increase prices on ASIC miners, electrical gear, and network infrastructure. Luxor COO Ethan Vera stated that miners have not been proactive in frontrunning orders and are operating on a short timeline to ensure all shipments from SE Asia are delivered. This article first appeared on Blockspace Media, a leading Bitcoin industry publication.
