The financial markets in the United States were in a recession in April when the positive consumer price index data reinforced feelings. The markets have since declined with one good news after the other on the tariff front, as the United States has entered into decisive deals with major economies such as the United Kingdom and China. Before the CPI release in the United States today, the encryption market again is on the edge because most predictions appear absent.
Today, before issuing data indicating the health of our economy, Bitcoin seemed to have caught cold. After a sharp rise yesterday at its peak at 105 thousand dollars, the BTC price fell to 101.6 thousand dollars last night, and it settles at about 103.4 thousand dollars now. Most other encryption assets, including ETH, Sol, DOGE, are all defeated. However, Ripple’s XRP has shown flexibility and increased by approximately 2 %.
The effect of CPI data on encryption
CPI is a major enlargement measure indicating the stability of the economy in terms of growth balancing and high costs. The Federal Reserve closely monitors the consumer price index data to determine the interest rate policy. After the Federal Reserve kept the rates of fixed rates earlier this month, many disappointment in the encryption community, the consumer price index is expected today will erase the hopes of reducing the federal reserve rate until June or July.
Such a scenario, although it is unlikely, may put pressure on all risk assets, including encryption.
In March and April, the most soft CPI data helped Bitcoin restore momentum. Bitcoin prices rose steadily, along with the increase in institutional interest, as the data suggested that the data reduce a possible price later this year. However, the May reading comes after a period of fluctuations caused by the comments in the Federal Reserve Falcon and the transfer of time rates.
American CPI data – It is scheduled today 2025, May 13, 2025, at 8:30 am.
Expectations and market feelings
American CPI forecast for today is that they will maintain a fixed rate at 2.4 % on an annual basis for April. The month scale for a month may appear for some deviation by 0.3 %, which is 0.1 % higher in March. Inceptions in the main US consumer price index will also reflect the initial effects of the definitions imposed by President Donald Trump in April on inflation.
According to reports, merchants have already started The pruning of their sites In anticipation of today’s report. It can give deviation away from the expected numbers a raw shit for the encryption markets. A hot CPI report that indicates continuous inflation can lead to a sale, while a cooler print can refresh on the severed bets, which leads to a crowd.
Today’s reading can be pivotal as Bitcoin flirts with #105K, and Ethereum attempts to recover $ 2,500. While price reduction expectations have already been partially priced, positive data can push Bitcoin to rise to the highest new level ever.
Deekshith Pinto
Deekshith is a seasoned news editor with more than a decade of experience in the news and media industry. He started his career as an engineer in Toyota, but soon exchanged tools for storytelling. After a master’s degree at Nalanda University, he joined Times Internet as an employee writer. Over the next few years, he held the position of news editor for Indian offices from multiple international platforms, especially Weather and Business Insider. He expanded the scope of these large platforms and dynamic teams of young writers and content creators. Its editorial instincts are eagerly driven by storytelling, the magic of data, and the appropriate amount of chaos to keep things interesting.
Responsibility: Is market research before investing in encrypted currencies? The author or post does not bear any responsibility for your personal financial loss.
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