#CPI&JoblessClaimsWatch

Crypto Market Update - April 11, 2025

*#CPI&JoblessClaimsWatch*

The US Consumer Price Index (CPI) and Jobless Claims data have been released, impacting the crypto market.

- *CPI*: The CPI increased by 0.4% in March, exceeding expectations.

- *Jobless Claims*: Initial jobless claims rose to 225,000, higher than forecasted.

*Crypto Market Reaction*

- *Bitcoin*: BTC's price dropped to $63,500, with a 2% decline in the last 24 hours.

- *Ethereum*: ETH's price fell to $3,150, with a 1.5% decrease in the past day.

*Expert Insights*

- *Inflation Impact*: The CPI increase may lead to a more hawkish Federal Reserve stance, affecting crypto markets.

- *Economic Indicators*: The rise in jobless claims could signal a slowing economy, influencing investor sentiment.

*Market Watch*

- *Inflation Rate*: The annual inflation rate is now 3.5%.

- *Unemployment Rate*: The unemployment rate remains steady at 4.1%.

Stay informed and stay ahead! #CPI&JoblessClaimsWatch #CryptoNews #Bitcoin #Ethereum$BTC