• bitcoinBitcoin (BTC) $ 98,317.00
  • ethereumEthereum (ETH) $ 3,448.46
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.31
  • bnbBNB (BNB) $ 678.30
  • solanaSolana (SOL) $ 193.40
  • dogecoinDogecoin (DOGE) $ 0.336109
  • usd-coinUSDC (USDC) $ 1.00
  • cardanoCardano (ADA) $ 0.960324
  • staked-etherLido Staked Ether (STETH) $ 3,442.18
  • tronTRON (TRX) $ 0.251565
  • avalanche-2Avalanche (AVAX) $ 40.60
  • chainlinkChainlink (LINK) $ 23.87
  • wrapped-stethWrapped stETH (WSTETH) $ 4,096.29
  • the-open-networkToncoin (TON) $ 5.51
  • suiSui (SUI) $ 4.76
  • shiba-inuShiba Inu (SHIB) $ 0.000023
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 97,947.00
  • polkadotPolkadot (DOT) $ 7.46
  • stellarStellar (XLM) $ 0.376764
  • hyperliquidHyperliquid (HYPE) $ 33.54
  • hedera-hashgraphHedera (HBAR) $ 0.268994
  • wethWETH (WETH) $ 3,446.97
  • bitcoin-cashBitcoin Cash (BCH) $ 468.37
  • leo-tokenLEO Token (LEO) $ 9.29
  • uniswapUniswap (UNI) $ 13.95
  • pepePepe (PEPE) $ 0.000019
  • litecoinLitecoin (LTC) $ 104.00
  • wrapped-eethWrapped eETH (WEETH) $ 3,640.74
  • nearNEAR Protocol (NEAR) $ 5.40
  • bitget-tokenBitget Token (BGB) $ 4.35
  • ethena-usdeEthena USDe (USDE) $ 0.999964
  • aptosAptos (APT) $ 10.60
  • internet-computerInternet Computer (ICP) $ 10.93
  • usdsUSDS (USDS) $ 1.00
  • aaveAave (AAVE) $ 321.95
  • crypto-com-chainCronos (CRO) $ 0.167774
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.503467
  • ethereum-classicEthereum Classic (ETC) $ 27.45
  • mantleMantle (MNT) $ 1.22
  • render-tokenRender (RENDER) $ 7.64
  • vechainVeChain (VET) $ 0.048632
  • mantra-daoMANTRA (OM) $ 3.92
  • bittensorBittensor (TAO) $ 486.19
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 1.36
  • whitebitWhiteBIT Coin (WBT) $ 24.56
  • moneroMonero (XMR) $ 192.23
  • ethenaEthena (ENA) $ 1.18
  • daiDai (DAI) $ 1.00
  • arbitrumArbitrum (ARB) $ 0.805089
  • filecoinFilecoin (FIL) $ 5.25
  • kaspaKaspa (KAS) $ 0.125555
  • fantomFantom (FTM) $ 1.07
  • algorandAlgorand (ALGO) $ 0.355740
  • okbOKB (OKB) $ 46.22
  • cosmosCosmos Hub (ATOM) $ 7.04
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 2.69
  • blockstackStacks (STX) $ 1.79
  • ondo-financeOndo (ONDO) $ 1.82
  • optimismOptimism (OP) $ 1.90
  • bonkBonk (BONK) $ 0.000033
  • immutable-xImmutable (IMX) $ 1.46
  • celestiaCelestia (TIA) $ 5.38
  • movementMovement (MOVE) $ 1.03
  • theta-tokenTheta Network (THETA) $ 2.28
  • injective-protocolInjective (INJ) $ 22.31
  • dogwifcoindogwifhat (WIF) $ 2.16
  • the-graphThe Graph (GRT) $ 0.223694
  • binance-peg-wethBinance-Peg WETH (WETH) $ 3,447.17
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 98,306.00
  • sei-networkSei (SEI) $ 0.456728
  • worldcoin-wldWorldcoin (WLD) $ 2.37
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.030152
  • thorchainTHORChain (RUNE) $ 5.35
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 3,575.31
  • rocket-pool-ethRocket Pool ETH (RETH) $ 3,864.14
  • flokiFLOKI (FLOKI) $ 0.000180
  • first-digital-usdFirst Digital USD (FDUSD) $ 1.00
  • jasmycoinJasmyCoin (JASMY) $ 0.035741
  • gatechain-tokenGate (GT) $ 13.25
  • galaGALA (GALA) $ 0.038615
  • mantle-staked-etherMantle Staked Ether (METH) $ 3,628.46
  • lido-daoLido DAO (LDO) $ 1.78
  • flare-networksFlare (FLR) $ 0.028267
  • tokenize-xchangeTokenize Xchange (TKX) $ 18.96
  • beam-2Beam (BEAM) $ 0.028829
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 98,358.00
  • makerMaker (MKR) $ 1,676.32
  • the-sandboxThe Sandbox (SAND) $ 0.598545
  • fasttokenFasttoken (FTN) $ 3.33
  • pyth-networkPyth Network (PYTH) $ 0.391628
  • usual-usdUsual USD (USD0) $ 1.00
  • tezosTezos (XTZ) $ 1.36
  • nexoNEXO (NEXO) $ 1.38
  • kaiaKaia (KAIA) $ 0.235039
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 98,154.00
  • based-brettBrett (BRETT) $ 0.137969
  • kucoin-sharesKuCoin (KCS) $ 11.32
  • raydiumRaydium (RAY) $ 4.63
  • eosEOS (EOS) $ 0.858389
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 3,544.12
  • heliumHelium (HNT) $ 7.12
  • binance-staked-solBinance Staked SOL (BNSOL) $ 197.50
  • ethereum-name-serviceEthereum Name Service (ENS) $ 37.10
  • jupiter-exchange-solanaJupiter (JUP) $ 0.886064
  • aerodrome-financeAerodrome Finance (AERO) $ 1.65
  • flowFlow (FLOW) $ 0.754368
  • xdce-crowd-saleXDC Network (XDC) $ 0.078167
  • starknetStarknet (STRK) $ 0.503550
  • arweaveArweave (AR) $ 17.29
  • iotaIOTA (IOTA) $ 0.315668
  • bitcoin-svBitcoin SV (BSV) $ 56.25
  • dydx-chaindYdX (DYDX) $ 1.57
  • aioz-networkAIOZ Network (AIOZ) $ 0.970331
  • curve-dao-tokenCurve DAO (CRV) $ 0.872608
  • bittorrentBitTorrent (BTT) $ 0.000001
  • coredaoorgCore (CORE) $ 1.15
  • msolMarinade Staked SOL (MSOL) $ 239.89
  • neoNEO (NEO) $ 14.83
  • axie-infinityAxie Infinity (AXS) $ 6.60
  • elrond-erd-2MultiversX (EGLD) $ 36.83
  • matic-networkPolygon (MATIC) $ 0.503807
  • decentralandDecentraland (MANA) $ 0.505238
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 3,456.56
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 97,370.00
  • apecoinApeCoin (APE) $ 1.23
  • pendlePendle (PENDLE) $ 5.37
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 97,759.00
  • fartcoinFartcoin (FARTCOIN) $ 0.877424
  • zcashZcash (ZEC) $ 54.16
  • mog-coinMog Coin (MOG) $ 0.000002
  • eigenlayerEigenlayer (EIGEN) $ 4.04
  • jito-governance-tokenJito (JTO) $ 3.12
  • chilizChiliz (CHZ) $ 0.090762
  • akash-networkAkash Network (AKT) $ 3.36
  • conflux-tokenConflux (CFX) $ 0.168883
  • wormholeWormhole (W) $ 0.287337
  • popcatPopcat (POPCAT) $ 0.811607
  • ai16zai16z (AI16Z) $ 0.714683
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 3,448.51
  • mina-protocolMina Protocol (MINA) $ 0.646560
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 205.43
  • compound-governance-tokenCompound (COMP) $ 85.30
  • usddUSDD (USDD) $ 0.998743
  • roninRonin (RON) $ 1.99
  • pancakeswap-tokenPancakeSwap (CAKE) $ 2.51
  • superfarmSuperVerse (SUPER) $ 1.64
  • spx6900SPX6900 (SPX) $ 0.794327
  • havvenSynthetix Network (SNX) $ 2.15
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 3,449.39
  • ecasheCash (XEC) $ 0.000037
  • chiaChia (XCH) $ 22.34
  • dydxdYdX (ETHDYDX) $ 1.57
  • dog-go-to-the-moon-runeDOG•GO•TO•THE•MOON (Runes) (DOG) $ 0.007015
  • amp-tokenAmp (AMP) $ 0.008289
  • gnosisGnosis (GNO) $ 269.06
  • zksyncZKsync (ZK) $ 0.188284
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.335534
  • peanut-the-squirrelPeanut the Squirrel (PNUT) $ 0.687211
  • notcoinNotcoin (NOT) $ 0.006708
  • axelarAxelar (AXL) $ 0.782350
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 97,489.00
  • chex-tokenCHEX Token (CHEX) $ 0.665588
  • layerzeroLayerZero (ZRO) $ 5.94
  • tether-goldTether Gold (XAUT) $ 2,634.33
  • fraxFrax (FRAX) $ 0.998619
  • baby-doge-coinBaby Doge Coin (BABYDOGE) $ 0.00000000
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 3,628.11
  • reserve-rights-tokenReserve Rights (RSR) $ 0.011756
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000114
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  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 3,730.36
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  • cat-in-a-dogs-worldcat in a dogs world (MEW) $ 0.006564
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  • echelon-primeEchelon Prime (PRIME) $ 11.09
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  • beldexBeldex (BDX) $ 0.077606
  • livepeerLivepeer (LPT) $ 14.58
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 98,213.00
  • susdssUSDS (SUSDS) $ 1.02
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  • apenftAPENFT (NFT) $ 0.00000053
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  • pumpbtcpumpBTC (PUMPBTC) $ 97,458.00
  • frax-etherFrax Ether (FRXETH) $ 3,446.56
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 3,444.64

Bitcoin is up $3,000 as U.S. CPI data reveals slower inflation in April

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Bitcoin’s (BTC) price surged by $3,000 following the latest U.S. Consumer Price Index (CPI) report for April, which indicated a slowdown in inflation, boosting investor sentiment towards risk assets.

The U.S. Bureau of Labor Statistics reported a rise in consumer prices by 3.4% in April year-over-year, a decrease from March’s 3.7%.

This slower inflation rate has influenced a positive shift in market dynamics, with major stock indices reaching new highs and cryptocurrency prices, including Bitcoin and Ethereum (ETH), seeing significant upticks.

Bitcoin is up $3,000 as U.S. CPI data reveals slower inflation in April

This data, provided by the U.S. Bureau of Labor Statistics, indicates a moderation in inflation, which is a positive signal for markets sensitive to interest rate changes. Month-on-month, the CPI rose by 0.3%, slightly below the expected 0.4%.

In this regard, data provided by capital market commentary platform The Kobeissi Letter, in an X post on May 15, pointed out that while the latest CPI data shows the first decline in inflation in three months, the PPI data reveals a third consecutive monthly increase.

Bitcoin is up $3,000 as U.S. CPI data reveals slower inflation in April

BTC is now trading at $64,884.00, with a 1-day rise of around 6%. Analysts note that Bitcoin now faces a crucial technical barrier in the form of its 50-day moving average (DMA) at $65,166.

If Bitcoin’s price can break above this level and its May highs around $65,500, further short-term upside could follow. The next levels to watch would be the late-April highs around $67,000, with a retest of yearly highs in the $73,000 area as the subsequent target.

The latest U.S. CPI data has significantly impacted the market, with Bitcoin experiencing a notable price surge. Investors are optimistic about potential shifts in the Federal Reserve’s monetary policy, contributing to gains in both the stock and cryptocurrency markets.

As Bitcoin approaches critical technical levels, its performance in the coming days will be crucial for determining its short-term trajectory.

Disclaimer:The content on this site should not be considered investment advice. Investing is speculative. When investing, your capital is at risk.

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