#CryptoCPIWatch
The financial world is on edge as the US Consumer Price Index (CPI) data is set to be released today at 8:30 AM EST on May 13, 2025. This critical economic indicator, which measures inflation, is anticipated to have a significant impact on both traditional stock markets and the cryptocurrency space. According to a tweet by Crypto Rover on Twitter, Truflation data suggests an inflation rate of 1.68%, notably lower than the Federal Reserve’s expectation of 2.4%. If the actual CPI data comes in below the Fed’s forecast, markets could see a substantial bullish reaction, as lower inflation often signals potential interest rate cuts, boosting risk assets like stocks and cryptocurrencies. Historically, such events have driven sharp price rallies across multiple asset classes, with Bitcoin and altcoins often benefiting from increased risk appetite. As of 7:00 AM EST on May 13, 2025, Bitcoin (BTC) is trading at approximately $62,500 on Binance, with a 24-hour trading volume of over $25 billion, reflecting heightened anticipation. Ethereum (ETH) also shows pre-event strength, hovering at $2,950 with a trading volume of $12 billion in the same timeframe, according to data from CoinGecko. The stock market, particularly indices like the S&P 500 and Nasdaq, are also poised for volatility, with futures pointing to a cautious opening as of 6:30 AM EST. Crypto-related stocks such as Coinbase (COIN) and MicroStrategy (MSTR) are likely to see correlated movements, with COIN trading at $205 pre-market, up 1.2% as of 7:15 AM EST, based on Yahoo Finance data.
BTC
103,618.39
+0.78%