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 slightly increased to the $63,000 range after the CPI news, as expectations grew that the Fed would keep interest rates unchanged for longer.
• Altcoins recovered slightly but have yet to surpass the important resistance zone.
• 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 causes crypto to remain “stagnant” – not enough bad news for a sharp decline, but also not enough good news to rally. The market is waiting for clearer signals from May's economic data and the upcoming FOMC meeting.
Personal Opinion:
If the CPI continues to trend downwards, Q3 could be a period for the Fed to loosen and crypto could enter a new bull wave. However, if inflation heats up again, expectations for interest rate cuts will fade – and the market could correct sharply. Maintaining a solid strategy and closely monitoring the data is key at this time.
