$ETH $XRP #CryptoCPIWatch
As of May 13, 2025, the cryptocurrency market is experiencing heightened volatility in anticipation of the U.S. Consumer Price Index (CPI) data release later today. This key inflation indicator is expected to significantly influence market sentiment and Federal Reserve policy expectations.
Market Overview
In the past 24 hours, the global crypto market capitalization has declined by approximately 1.3%. Bitcoin (BTC) has fallen below the $102,000 mark, leading to over $730 million in liquidations, with 73% of these being long positions . The $100,000 level is considered a critical psychological threshold, with over $3.4 billion in long positions at risk if selling pressure continues .
CPI Data and Market Implications
The forthcoming CPI report is pivotal for the crypto market. A lower-than-expected inflation rate could bolster expectations for Federal Reserve rate cuts, potentially driving a bullish trend in cryptocurrencies. Conversely, higher inflation figures may lead to increased selling pressure . $BNB