#CryptoCPIWatch
The Consumer Price Index (CPI) data for April 2025 shows a slowdown in annual inflation to 2.3%, surprising markets and leading to a temporary rise in cryptocurrency prices such as Bitcoin and Ethereum, as investors hope for a shift in Federal Reserve policy towards interest rate cuts.
However, concerns remain about the ongoing effects of tariffs, adding a layer of uncertainty to economic forecasts. Data from Santiment shows that some Bitcoin holders have taken profits after the price increase, leading to increased selling pressure.
These developments suggest that the cryptocurrency market remains sensitive to changes in economic data and monetary policies, requiring investors to closely monitor economic indicators and political trends.