$BTC Bitcoin (BTC) experienced a price surge, reaching 98,500 USD, and Binance's Bitcoin open interest spiked by 500 million within hours, indicating heightened market activity.

However, as of May 13, 2025, BTC has retreated to 103,768 USD, reflecting ongoing market volatility.

Investors remain cautious, balancing optimism from the favorable CPI data against concerns over potential future inflationary pressures.