#CryptoCPIWatch

As of May 13, 2025, the crypto market—especially Bitcoin—is closely watching the upcoming U.S. CPI (Consumer Price Index) release, a key inflation indicator that could impact interest rate expectations and price action.

Key Points:

Bitcoin Price: Around $103,624, with a dip as traders take profits ahead of the CPI announcement.

Market Mood: Cautious; altcoins are also down, reflecting broad uncertainty.

CPI Scenarios:

Below 2.3%: Likely bullish for Bitcoin (rate cut hopes).

Above 2.4%: Could hurt crypto prices (rate cuts delayed).

In-line: Market may remain flat until further signals.

Technical Outlook: Bullish MACD crossover supports upward momentum, but resistance around $106,000 remains key.

Bottom Line: The CPI report is a critical short-term catalyst that could swing Bitcoin and the broader crypto market either way.