$BTC The article 5 Key Economic Events This Week That Could Make or Break the Cryptocurrency Bull Run first appeared on Coinpedia Fintech News

Cryptocurrencies are buzzing with optimistic energy as Trump rolls out one positive update after another. In just two days, he has announced a ceasefire between India and Pakistan, a possible meeting between Zelensky and Putin, a new trade agreement with China, and an upcoming executive order to lower drug prices. With global tensions easing and the markets enjoying optimism, Bitcoin and the crypto space in general are riding the wave.

Bitcoin surged to $104,900 over the weekend, just below its all-time high. Trump's optimistic moves have given new hope within the crypto community. The eyes of the crypto world are focused on five key events this week that could decide whether the momentum continues or fades.

CPI Inflation Report – May 13

The U.S. Consumer Price Index (CPI) data for April will be released on Tuesday. This report is an important indicator of inflation. If inflation cools down, the Federal Reserve may consider reducing interest rates, which would be optimistic for Bitcoin and altcoins. But if inflation remains stubborn, fears of a rate hike could return and weigh on the market.