As of May 13, 2025, the U.S. Consumer Price Index (CPI) data for April has been released. The CPI for All Urban Consumers (CPI-U) increased 0.2% on a seasonally adjusted basis in April, following a 0.1% decline in March. Over the last 12 months, the all items index increased 2.4% before seasonal adjustment.

The index for all items less food and energy rose 0.2% in April, after increasing 0.1% in March. The shelter index increased 0.3% over the month, contributing to over 60% of the total increase in all items less food and energy. The indexes for used cars and trucks, medical care, and household furnishings and operations also increased in April.

Impact on Cryptocurrency Markets

The cryptocurrency market has shown sensitivity to inflation data, as it can influence monetary policy decisions. Ahead of the CPI release, Bitcoin (BTC) dipped below $102,400, reflecting profit-taking behavior among traders. Similarly, major altcoins experienced declines of up to 7%.

As of now, Bitcoin is trading at $103,710, and Ethereum (ETH) is at $2,510.75. The market's reaction suggests that investors are closely monitoring inflation trends, as higher inflation could lead to tighter monetary policy, potentially impacting the attractiveness of cryptocurrencies as alternative assets.