Bitcoin reacted with an increase to the slowdown in inflation in the USA!!!
On May 13, updated data on CPI was released in the USA.
In year-on-year terms, inflation slowed to 2.3%, which is below the expected value.
This is a new minimum since February 2021.
On May 13, 2025, the U.S. Bureau of Labor Statistics released data on the change in the Consumer Price Index (CPI) for April 2025. According to this data, the year-on-year inflation was 2.3%.
Notably, this is the lowest level since February 2021. The indicator has continued to decline for the third consecutive month. Meanwhile, inflation in March was 2.4%.
Change in the CPI indicator in the USA by months.
More details about what this indicator is and how it affects the cryptocurrency market can be found in a separate article:
In month-on-month terms, CPI rose by 0.2%. This was primarily due to an increase in energy prices. As noted by CNBC, the month-on-month figure was within the expected range, while the year-on-year figure was lower than anticipated.
Bitcoin reacted to the news moderately. The asset is trading with gains both on the daily (0.89%) and weekly (9.5%) charts:
BTC/USDT exchange rate on Binance.
It is likely that both Bitcoin and the market as a whole are under the influence of the expected 'thaw' in the trade war between the USA and China.
Recall that earlier the parties took a 90-day pause, during which tariffs were reduced by a total of 115%.