Digital Assets Snapshot: MNT, HASH Rally as Major Cryptos Monitor U.S. Inflation Figures

Crypto Market Climbs Ahead of U.S. Inflation Data – 11/9/2025

Cryptocurrency markets could gain further momentum if U.S. CPI data comes in below expectations, increasing the likelihood of a Federal Reserve rate cut.

While Bitcoin (BTC) trades at $114,265.25 ahead of the CPI release, smaller altcoins—including PUMP, AVAX, and MNT—have seen 8%–11% gains in the past 24 hours. The top performer among the top 100 tokens is Provenance Blockchain’s HASH, surging 28%.

On Tuesday, the Provenance Blockchain Foundation unveiled a model that dynamically adjusts inflation rates to maintain network stability.

The framework aims to protect stakers from dilution and safeguard the value of their holdings. It also provides additional rewards to align incentives between users and the blockchain, encouraging long-term engagement and sustainable growth, the foundation said on X.

Analysts at Bitunix noted that a dovish CPI could spark further gains. “If CPI data is weaker than expected and pushes BTC higher, it could trigger a short squeeze, driving Bitcoin toward the $115,000+ liquidity zone,” they said.

On the flip side, stronger-than-expected inflation could boost the U.S. Dollar Index (DXY) and delay expectations of a rate cut. In that scenario, $111,000 would be a key support level, with potential for a retest of the $108,500–$109,000 range if broken.