#CryptoCPIWatch The cryptocurrency market is experiencing a downturn today, Tuesday, May 13, 2025, as traders engage in profit-taking ahead of the anticipated U.S. Consumer Price Index (CPI) data release. This cautious sentiment reflects concerns over potential inflationary pressures and their implications for future monetary policy decisions.
Bitcoin (BTC) has declined to $102,733, marking a drop of approximately 1.7% from the previous close. Earlier in the day, it dipped below the $102,400 level. Ethereum (ETH) is trading at $2,457.54, down about 4.4%. Other major cryptocurrencies are also experiencing losses: