#CryptoCPIWatch

As of May 13, 2025, the U.S. Consumer Price Index (CPI) report is poised to significantly influence crypto markets. Analysts anticipate a year-over-year CPI of 2.4%, matching the previous month's figure. A lower-than-expected reading could bolster expectations for Federal Reserve rate cuts, potentially propelling Bitcoin and other cryptocurrencies higher. Conversely, a higher CPI might dampen market sentiment, leading to price declines.

Bitcoin (BTC) recently experienced a pullback to around $102,388 after reaching a local high of $105,819, as traders secured profits ahead of the CPI release. Despite this correction, technical indicators like a bullish MACD crossover suggest potential for upward momentum.

Market participants are closely monitoring the CPI data, as it could set the tone for Federal Reserve policy decisions and, by extension, the trajectory of crypto markets in the near term.