🔥Crypto Market Update
The cryptocurrency market is experiencing fluctuations ahead of the US Consumer Price Index (CPI) data release. Bitcoin's price recently dipped to $100,833 before gaining momentum and reaching $103,600.
💥Key Factors Influencing Crypto Markets
🔹️US CPI Data:
The upcoming CPI report will significantly impact the market. A softer print could reignite bullish momentum, while a higher-than-expected number might strengthen the dollar and weigh on crypto prices.
🔸️US-China Trade Talks:
Progress in US-China trade negotiations has boosted global market sentiment, with potential rate cuts and increased economic cooperation on the horizon.
🔹️Institutional Demand:
Corporations have acquired over 157,000 BTC in 2025, driven by MicroStrategy-style accumulation strategies, contributing to a supply shortage that could push prices higher.
💥Market Trends
🔹️Bitcoin Price:
Bitcoin is trading at $103,662.30, down 1.19% on CoinMarketCap, with a market capitalization of $2.16 trillion.
🔸️Altcoin Performance:
Altcoins are mixed, with Ethereum slipping below $2,600 and Ripple outperforming with a 4% gain.
🔹️ETF Inflows:
Bitcoin ETFs have seen $934 million in net inflows over the past month, reinforcing Bitcoin's dominance.
💥What's Next?
The market will closely watch the CPI data release and subsequent Federal Reserve decisions for direction. With potential token unlocks worth nearly $774 million, market volatility may increase. Analysts believe that once Bitcoin stabilizes or rebounds, select altcoins could outperform in the short term.²