Market Watch: MNT, HASH Outperform as Bitcoin and Ethereum Await U.S. CPI Report

Crypto Market Sees Gains Ahead of U.S. CPI Data – 11/9/2025

Market momentum could pick up if U.S. CPI figures come in below expectations, increasing the probability of a Federal Reserve rate cut.

While major cryptocurrencies, including Bitcoin (BTC) at $114,265.25, await the CPI release, smaller tokens like PUMP, AVAX, and MNT have climbed 8%–11% over the past 24 hours. The standout performer among the top 100 tokens is Provenance Blockchain’s HASH, which surged 28%.

The Provenance Blockchain Foundation on Tuesday introduced a new model that dynamically adjusts inflation rates to maintain network balance under changing conditions.

This system helps stakers by reducing the risk of dilution and protecting the value of their holdings. It also provides additional rewards that align user incentives with the network’s long-term growth, fostering stability and sustained engagement, the foundation said on X.

Analysts at Bitunix said dovish CPI data could accelerate market gains. “If CPI is lower than expected and pushes BTC higher, it may trigger a short squeeze and drive Bitcoin into the $115,000+ liquidity zone,” they said.

On the other hand, stronger-than-expected inflation could strengthen the U.S. Dollar Index (DXY) and postpone rate-cut expectations. In this scenario, $111,000 would act as key support, with a potential retest of the $108,500–$109,000 zone if broken.