#CryptoCPIWatch ChatGPT

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Bitcoin (BTC)

$102,794.00

The U.S. Consumer Price Index (CPI) for April 2025, released today, indicates a steady inflation rate. The headline CPI rose by 0.2% month-over-month, maintaining a 2.4% year-over-year increase, consistent with March's figures. Core CPI, which excludes volatile food and energy prices, increased by 0.3% month-over-month, holding at a 2.8% annual rate.

These figures suggest that while inflation remains stable, underlying pressures persist, particularly in categories affected by recent tariff implementations. Economists anticipate that core CPI could peak at 3.5% by mid-year due to these tariffs.

Crypto Market Response

In anticipation of the CPI release, the cryptocurrency market has experienced notable volatility:

Bitcoin (BTC): Currently trading at approximately $102,794, down from recent highs above $105,000. The decline is attributed to profit-taking and cautious sentiment ahead of the inflation data.

Ethereum (ETH): Trading around $2,460, reflecting a similar downward trend.

Altcoins: Major altcoins have also seen declines, with some experiencing drops of up to 7%.

Analysts suggest that if the CPI data had indicated higher-than-expected inflation, it could have led to increased volatility across risk assets, including cryptocurrencies.