Bitcoin Remains Steady After Soft US CPI Data: What Lies Ahead?
Despite the recent release of the US Consumer Price Index (CPI) for April 2025, Bitcoin (BTC) has remained stable. The CPI data came in below expectations, suggesting an ongoing cooling of inflation. This development generally signals positive implications for risk-on assets like Bitcoin. As traders digest this information, many ponder what the next steps are for Bitcoin. Will the cryptocurrency maintain its position, or is a significant shift on the horizon? Observers will watch for price movements closely in the days to come as investors respond to this latest economic data.