#CryptoCPIWatch #CryptoCPIWatch

On May 13, 2025, Bitcoin experienced a slight decline to below $102,400, after having surpassed $105,000. This drop is attributed to profit-taking and anticipation of U.S. inflation data. Despite the decline, Bitcoin rose by 14% in April, benefiting from eased trade restrictions and expectations of a U.S. interest rate cut. In a move reflecting growing institutional interest, the GFO-X platform was launched in London as the first derivatives trading platform for digital currencies in the UK. Additionally, the state of Arizona announced the establishment of a digital reserve fund, becoming the second after New Hampshire. These moves indicate a growing institutional support for Bitcoin despite market volatility, making it a focal point for investors in the upcoming period.