Yigit Taha OZTURK 
Markets were on edge ahead of the latest US inflation figures. In a climate of rising expectations for interest rate cuts, the data came in softer than anticipated—sending shockwaves through both traditional and crypto markets.
CPI Figures Fall Below Expectations
According to data released on May 13, US Core CPI (MoM) came in at 0.2%, below the expected 0.3%. Headline CPI (MoM) also recorded 0.2%, again below the 0.3% forecast. On an annual basis, CPI (YoY) was reported at 2.3%, slightly under the previous and expected value of 2.4%.
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These results suggest a controlled deceleration in inflation, potentially reducing the pressure on the Federal Reserve to maintain a hawkish stance.
Bitcoin And Ethereum React Quickly
Immediately after the release, Bitcoin rose from 103,300$ to 104,000$, while Ethereum (ETH) climbed from 2,500$ to 2,530$. The market’s swift reaction underscores how closely crypto assets are tied to macroeconomic expectations, particularly around interest rate policy.
The move also reinforces the narrative of Bitcoin and Ethereum being viewed as hedges against inflation.
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