#CryptoCPIWatch The US Department of Labor published data on inflation for April, which showed that price growth is slowing down faster than expected. Despite this, Bitcoin did not change significantly in price at the time of the report's publication, and within a few minutes after the news, it rose from $103,500 to $103,800.
According to the published statistics, the annual Consumer Price Index (CPI) hit a low not seen since February 2021, at 2.3% compared to a forecast of 2.4%. The core CPI (excluding energy and food prices) remained within the forecast, at March's level of 2.8%.