#CryptoCPIWatch Crypto market under scrutiny: what is happening?
The Consumer Price Index (CPI) in the United States, which shows the level of inflation, is once again in the spotlight. In April 2025, inflation slightly slowed down, and this affected cryptocurrencies. Bitcoin is holding steady at around $101,645, but coins like Ethereum and BNB are experiencing ups and downs.
On the Binance platform, one of the largest cryptocurrency exchanges, there is currently a boom of new coins and DeFi projects. Analysts at Standard Chartered predict that the BNB token could soar to $2775 by 2028 due to a unique model that reduces the number of coins. But there are also risks: the strengthening of the dollar could cool the market.
I personally keep an eye on CPI news and Federal Reserve decisions — they set the tone for crypto. Check the latest data on Binance and stay updated with #CryptoCPIWatch!