#CryptoCPIWatch * The market is closely watching the CPI data: Many analyses indicate that cryptocurrency investors, especially those trading Bitcoin ($BTC) and Ethereum ($ETH), are looking for the release of CPI inflation data from the USA as a potential catalyst for price movements.

* Potential market reaction: Historically, the cryptocurrency market has reacted to the release of the CPI index. Lower than expected inflation data may trigger positive sentiment and price increases, likely due to speculation about a more accommodative monetary policy. Conversely, higher readings may lead to sell-offs.

* Short-term Bitcoin analysis: Without surprises from the CPI, technical analysis from May 13, 2025, suggested that Bitcoin could continue trading in a defined range (support at $30,000 and resistance at $31,500).

* Broader economic context: Rising inflation expectations and higher yields on US Treasury bonds are cited as factors that may negatively impact the cryptocurrency market ahead of the release of CPI and PPI (Producer Price Index) data.

* Data from May 13, 2025: The latest reports from May 13, 2025, indicate that the CPI inflation for April in the USA was lower than expected (2.3% year-on-year against an expectation of 2.4%). In response to this data, the dollar weakened.

In summary, the cryptocurrency market is closely monitoring CPI inflation data, as it is a key indicator that may influence investor sentiment and trigger significant price volatility. Investors are analyzing this data in an attempt to predict future actions of the Federal Reserve and their impact on risky assets, such as cryptocurrencies.