Bitcoin Price Flat as US Reports 2.3% Inflation in April

“If CPI came in hot, I expected a sharp drop, maybe toward $100K,” Arthur Azizov, founder of B2 Ventures, told Decrypt.

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Bitcoin remained relatively flat after April's inflation data showed prices rose 0.2% for the month, with the annual inflation rate slowing to 2.3%, while core inflation held steady at 2.8%.
The Federal Reserve recently kept interest rates at 4.25%-4.50% amid economic uncertainty created by Trump's tariff policies, with markets now showing just a 15% chance of a June rate cut.
The US and China reached a surprise trade agreement on May 12, reducing mutual tariffs for 90 days, which boosted equities markets but had limited impact on Bitcoin, which traded around $103,798 .Economists expected the index, which tracks price changes across a broad range of goods and services, to rise 2.4% from a year earlier.

BTC, which had surged over 10% last week, was trading around $101,758 on Tuesday morning, rose briefly, and has now fallen 0.3% to $103,798, as per CoinGecko data.

Ethereum rose 0.5%, Solana dropped only 0.1%, and meme coins like Dogecoin and Shiba Inu were flat in the wake of the new CPI report.

https://decrypt.co/319430/bitcoin-price-flat-us-inflation-rises-slightly