#CryptoCPIWatch As of today, **Wednesday, May 14, 2025**, the crypto market is closely watching the aftermath of yesterday's US Consumer Price Index (CPI) data release for April.
The CPI was released on **Tuesday, May 13th, at 8:30 AM ET (12:30 PM UTC)**. The year-over-year CPI came in at **2.3%**, slightly below the forecast of 2.4% and the previous reading of 2.4%.
Generally, lower-than-expected inflation can be seen as bullish for risk assets like cryptocurrencies, as it might suggest the Federal Reserve could maintain or even lower interest rates. Lower rates can increase investors' appetite for riskier assets.
Following the CPI release, Bitcoin experienced some volatility but is currently trading around **$99,500**, showing a slight recovery from a dip below $103,000. Altcoins are showing mixed reactions.
Market participants are now analyzing the CPI data for signals about the Federal Reserve's future monetary policy. A sustained lower inflation trend could indeed fuel a further crypto rally, while higher-than-expected figures could trigger sell-offs due to concerns about tighter monetary policy. The market's reaction in the coming days will be crucial in determining the short-term trajectory of cryptocurrency prices.