$BTC

On May 13, 2025, the cryptocurrency market is exhibiting increased volatility amid expectations for the publication of the Consumer Price Index (CPI) data in the U.S. for April. This data may influence the future monetary policy of the Federal Reserve and, accordingly, the dynamics of cryptocurrencies.

Bitcoin (BTC) has dropped below $102,400 due to profit-taking by investors after a recent surge. At the same time, total liquidations in the crypto market exceeded $730 million, with 73% of them being long positions, indicating a prevalence of bullish sentiment among traders.

Analysts note that higher-than-expected inflation may reduce the likelihood of interest rate cuts by the Fed, which would negatively impact risk assets, including cryptocurrencies. Conversely, lower CPI figures could contribute to market growth.

Overall, the market is on edge, awaiting macroeconomic data that could determine the further direction of cryptocurrency movements.