Cripto Bull Run on break as trades of digestive data on inflation exaggeration

Bitcoin and most Altcoin remained in the match on Tuesday after the United States published information on inflation in April.

Bitcoin (Btc) traded from $ 103,800, while Etherum (El) Letli is above the key point to $ 2,520. The market cap of all cryptocurries was largely unchanged to $ 3.3 trillion.

Data statistics Bureau of work showed that annual inflation fell slightly in April, while the monthly figure increased less than expected.

Data on consumer pricing indices increased from minus 0.1% in March to 0.2% in April, bringing an annual figure at 2.3%. These figures were lower than medium estimates of 0.3% and 2.4%, respectively.

The basic consumer price index, excluding volatile foods and energy products, increased from 0.1% to 0.2%. The rest is 2.8%, higher than the goal of the Federal Reserve of 2.0%.

These numbers will submit the Donald Trump call call Federal reserves to start cutting interest ratesa move that will increase risky funds such as bitcoin and other altcoin.

The data came for a week after feeding interest rates were unchanged and warned that inflation would continue due to tariffs. Jerome Powell, Chairman Fed, suggesting that the bank will wait and see it assess the impact of tariffs.

Wall Street Analysts reduced their interest commissions. In the post in the post Monday, Jim Bianco, the popular economist, noted that the chances of the June incision were 8%. July chances fell to 35%, and September chances have moved with 100% earlier this month to 66%.

However, if inflation data continue to fall and Now they remove the most tariffsThe cutting rate can come on July. Polimarket’s quotas on the reduction of rates in July increased to 27% on Tuesday 20% 20% on Monday.

Bitcoin and Altcoyni work well when the fed or cutting rates or when it hints future cutting. A good example is what happened during the pandemic when fed feet is almost zero. The CRIPTO property also jumped in 2023. years when fed accumulated on reducing post-pandemic inflation inflation post-pandemic inflation.