#CryptoCPIWatch — Fresh CPI data for April 2025 showed an unexpected slowdown in inflation to 2.3% year-on-year, which is below the expected 2.4%. This sparked optimism in the cryptocurrency market: Bitcoin rose to $103,500, and Ethereum to $2,980.

The decrease in inflation strengthens expectations for a rate cut by the Fed, which could contribute to further growth in cryptocurrencies. However, despite the positive news, the market remains sensitive to macroeconomic changes.

Traders are closely monitoring the Fed's next steps and the development of trade relations, as these factors can significantly impact the dynamics of the cryptocurrency market.