$BTC - Although Bitcoin may experience short-term fluctuations, Dragosch remains "very bullish" for the rest of 2025, he told Cointelegraph during the Chain Reaction daily program on X on May 12.

What will happen to bitcoin after the new inflation data in the U.S.? The consumer price index in the United States increased in April, but it was lower than expected.

Bitcoin remains around $104,000.

The U.S. tariff war had a limited impact on prices.

The consumer price index (CPI) in the United States showed a moderate increase in April compared to the previous month, but below market projections.

This data, combined with the recent easing in the tariff war between the U.S. and China, has created a favorable environment for bitcoin, which reached $104,000.

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The U.S. Bureau of Labor Statistics reported that the core CPI, which excludes food and energy, reached 2.3% year-on-year in April, one-tenth lower than in March. On a monthly basis, the indicator grew by 0.2%, after a decrease of 0.1% the previous month, against an analyst forecast that expected a rebound of 0.3%.

The annual rate of the core CPI stood at 2.8%, in line with market expectations and at its lowest level since March 2021. These numbers indicate that inflationary pressure remains contained, at least in the short term.