#CryptoCPIWatch The #CryptoCPIWatch hashtag tracks the U.S. Consumer Price Index (CPI) data release on May 13, 2025, which reported a 2.3% year-over-year inflation rate, slightly below the expected 2.4%, with core CPI steady at 2.8%. This sparked optimism in the crypto market, with Bitcoin nearing $103,000 and Ethereum around $2,500. The lower CPI suggests potential Federal Reserve rate cuts, boosting risk-on sentiment and crypto prices. However, volatility is expected, with Bitcoin’s support at $60,000 and resistance at $63,000, and Ethereum’s at $2,900 and $3,100. The crypto market cap exceeds $3.2 trillion, driven by CPI data and US-China trade optimism. Traders should monitor key levels and manage risks due to potential price swings. Long-term, lower inflation could favor crypto, but tariff policies and upcoming events like Consensus 2025 may add volatility. Always verify information and research thoroughly.
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