#CryptoCPIWatch
The Consumer Price Index (CPI) in the U.S. increased by 0.3% in April compared to the previous month, slightly lower than the 0.4% in March. This data immediately impacted the financial markets – and crypto is no exception.
Market Reaction:
• Bitcoin slightly increased to around $63,000 after the CPI news, due to expectations that the Fed will keep interest rates unchanged for a longer period.
• Altcoins recovered slightly but have not yet surpassed the important resistance level.
• The flow of stablecoin capital has not yet returned strongly – a sign that investors are still cautious.
Macroeconomic Perspective:
Cooling inflation is good news, but not enough for the Fed to cut interest rates soon. This causes crypto to remain “stagnant” – not enough bad news to drop sharply, but also not enough good news to rise. The market is awaiting clearer signals from May’s economic data and the upcoming FOMC meeting.
Personal Opinion:
If CPI continues to trend downwards, Q3 could be a period of Fed easing and crypto entering a new bullish wave. But if inflation heats up again, the expectations for rate cuts will fade – and the market may adjust sharply. Sticking to the strategy and closely monitoring the data is key at this moment.