CoinVoice has recently learned that, according to CoinDesk, 10x Research states that the market generally expects the U.S. CPI year-on-year growth rate for April to remain unchanged at 2.4%.

"If this expectation comes true, the market may view this inflation report as a positive development. Unless there is negative tariff news, this week's inflation data could become a catalyst for Bitcoin's rise," said Markus Thielen, founder of 10x Research, in an interview.

"CPI data has the potential to be bullish and may push Bitcoin to set a new high," he added. [Original link]