$BTC Bitcoin Market Update: May 13, 2025

Bitcoin’s price has been volatile, recently dipping to $102,388 on May 12 after hitting $105,819, driven by market anticipation of the U.S. Consumer Price Index (CPI) inflation report today, May 13. Traders are de-risking, expecting the CPI to influence Federal Reserve rate decisions, which could impact risk assets like Bitcoin. Despite the pullback, optimism persists, fueled by a U.S.-China trade deal announced on May 11, boosting equities and crypto. Strategy CEO Michael Saylor’s firm added 13,390 BTC, bringing its holdings to 568,840 BTC, signaling institutional confidence. Posts on X reflect bullish sentiment, with some predicting Bitcoin could hit $125,000 if it sustains above $100,000. However, analysts warn of a possible technical sell-off if CPI data disappoints. Bitcoin’s 200-day moving average continues rising, indicating long-term strength

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