#CryptoCPIWatch
The Consumer Price Index (CPI) in the U.S. rose by 0.3% in April compared to the previous month, slightly lower than the 0.4% in March. This data immediately impacted the financial markets – and crypto is no exception.
Market Reaction:
• Bitcoin rose slightly to around $63,000 after the CPI news, due to expectations that the Fed will keep interest rates unchanged for a longer period.
• Altcoins recovered slightly but have not yet surpassed the important resistance level.
• The flow of stablecoin capital has not yet returned strongly – a sign that investors are still cautious.
Macroeconomic Perspective:
Cooling inflation is good news, but not enough for the Fed to cut interest rates soon. This keeps crypto in a “standstill” – not enough bad news for a strong decline, but also not enough good news to rally. The market is waiting for clearer signals from the economic data in May and the upcoming FOMC meeting.
Personal Opinion:
If the CPI continues to trend downwards, Q3 could be a period when the Fed eases and crypto enters a new bullish wave. But if inflation heats up again, the hopes for interest rate cuts will vanish – and the market could adjust sharply. Maintaining strategy and closely monitoring the data is key at this moment.