24/7 Cryptocurrency News

Crypto Markets Tense Ahead of US CPI Release Today, What to Expect?

Bitcoin witnessed some pressure, and crypto markets remained volatile as US CPI data predictions remain clouded with uncertainty.
Published by
Crypto Markets Tense Ahead of US CPI Release Today, What to Expect?

Highlights

  • Crypto markets remained subdued ahead of the scheduled CPI data release.
  • XRP bucks the trend with a small surge while Bitcoin and other altcoins remain largely subdued.
  • Hot CPI could stall Fed rate cut hopes and rattle crypto market but a cooler print may fuel massive rally.

The financial markets in the US were in the doldrums in April when positive Consumer Price Index (CPI) data boosted sentiments. The markets have roared back ever since with one good news after another on the Tariff front, with the US striking crucial deals with major economies like the UK and China. Ahead of the US CPI release today, the crypto market is again on the edge as most predictions seem clouded.

Today, ahead of the release of data indicating the health of our economy, Bitcoin seemed to have caught a cold foot. Following a sharp rise yesterday peaking at $105K, BTC price slumped back to $101.6K last night, and is settling at around $103.4K now. Most other crypto assets, including ETH, SOL, DOGE, have all remained subdued. However, Ripple’s XRP has shown resilience and surged by almost 2%.

Advertisement

CPI Data’s Impact on Crypto

CPI is a key inflation metric that indicates how stable the economy is in terms of balancing growth and rising costs. The Federal Reserve closely watches CPI data to decide interest rate policy. After the Feds kept the rates steady earlier this month, much to the disappointment of the crypto community, a higher-than-expected CPI today will erase the hopes of a Fed rate cut even in June or July.

Such a scenario, though unlikely, could exert pressure on all risk assets, including crypto.

In March and April, softer CPI data helped Bitcoin reclaim momentum. The Bitcoin prices climbed steadily alongside rising institutional interest as the data suggested a potential rate cut later this year. The May reading, however, comes after a period of volatility triggered by hawkish Fed commentary and shifting rate cut timelines.

The US CPI data – May 2025 is scheduled today, May 13, 2025, at 8:30 AM Eastern Time.

Advertisement

Expectations and Market Sentiments

The US CPI expectations for today are that they will maintain a steady rate at 2.4% YoY for April. The month-over-month metric may exhibit some deviation at 0.3%, higher than the 0.1% decline seen in March. The US CPI inflation data will also reflect the initial impacts of the tariffs imposed by President Donald Trump in April on inflation.

According to reports, traders have already started trimming their positions in anticipation of today’s report. A deviation away from expected numbers can give a raw jolt to the crypto markets. A hot CPI report signaling persistent inflation can trigger a selloff, while a cooler print could revive rate cut bets, fueling a rally.

Today’s reading could be pivotal as Bitcoin flirts with #105K, and Ethereum attempts to reclaim $2,500. While expectations of a rate cut are already partially priced in, positive data could push Bitcoin to rally to a new all-time high.

Advertisement

Share
Deekshith Pinto

Deekshith is a seasoned news editor with over a decade of experience in the news and media industry. He began his career as an engineer at Toyota but soon swapped tools for storytelling. After his master’s at Nalanda University, he joined Times Internet as a staff writer. Over the next few years, he served as the News Editor for Indian bureaus of multiple international platforms, mainly The Weather Channel and Business Insider. He scaled both these large platforms and mentored dynamic teams of young writers and content creators. His editorial instincts are driven by a passion for storytelling, a fascination with data, and just the right amount of chaos to keep things interesting.

Published by
Why trust CoinGape: CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journalists and analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Recent Posts

  • Bitcoin News

Robinhood Lists Strategy’s Bitcoin-Backed Stocks, Boosting Saylor’s BTC Credit Model

Bitcoin-backed stocks of Strategy can now be accessed on Robinhood. This represents a significant move…

October 4, 2025
  • Bitcoin News

Bitcoin ETFs See 2025 Record Weekly Inflows of $3.2B as BTC Eyes New ATH

The Bitcoin ETFs have seen a huge turnaround this week, recording their largest weekly inflows…

October 4, 2025
  • 24/7 Cryptocurrency News

Expert Predicts SHIB Rally as Shiba Inu Restores Shibarium After $4M Hack Shutdown

Shiba Inu’s Layer 2 network, Shibarium, has returned online following a $4 million exploit that…

October 4, 2025
  • 24/7 Cryptocurrency News

FLOKI Makes History With First ETP in Europe as Price Surges 30%

FLOKI has announced the launch of the first BNB chain exchange-traded product (ETP) in Europe.…

October 4, 2025
  • 24/7 Cryptocurrency News

BNB Rally to $1,300 Will Continue As Binance Hits Crucial Q3 Milestone, Says Expert

Binance Coin (BNB), the native cryptocurrency of BNB Chain, has surged another 8% today, moving…

October 4, 2025
  • 24/7 Cryptocurrency News

Trump’s Real Estate Moves On-Chain as Hut8 Adds WLFI Tokens to Boost Treasury

Trump’s real estate portfolio is set to go on-chain amid World Liberty Financial’s announcement of…

October 4, 2025