As of May 13, 2025, the Crypto CPI Watch indicates a cautious market ahead of the upcoming U.S. Consumer Price Index (CPI) release. Bitcoin's price has recently dipped below $102,400 due to profit-taking and macroeconomic concerns, including trade tensions and inflation uncertainties.
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Analysts are closely monitoring the CPI data, as a lower-than-expected inflation figure could bolster expectations for Federal Reserve rate cuts, potentially benefiting risk assets like cryptocurrencies. Conversely, higher inflation could reinforce concerns over tighter monetary policy.
Coinlive
Currently, Bitcoin is trading at approximately $103,717, showing a slight decline of 0.5% for the day.
Investors are advised to stay informed about the CPI data release and its potential impact on market sentiment.
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