
{"id":164343,"date":"2026-05-12T12:40:47","date_gmt":"2026-05-12T12:40:47","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=164343"},"modified":"2026-05-12T12:40:47","modified_gmt":"2026-05-12T12:40:47","slug":"bitcoin-price-reacts-as-u-s-inflation-rises-to-highest-level-since-may-2023","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=164343","title":{"rendered":"Bitcoin Price Reacts as U.S. Inflation Rises to Highest Level Since May 2023"},"content":{"rendered":"<p>It appears that rising fuel costs and international geopolitical tensions are catching up with global economies, and the US is no exception.<\/p>\n<p>The CPI numbers for April are out, indicating that inflation in the country has surged to 3.8%, the highest level since May 2023.<\/p>\n<p>Core CPI inflation also rose above the expected 2.7%, reaching 2.8%.<\/p>\n<p>Bitcoin\u2019s price saw somewhat elevated volatility throughout the release, but the movement has so far been relatively negligible. At the time of this writing, BTC trades at slightly below $81K, down 0.5% for the day and mostly flat for the week.<\/p>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD_2026-05-12_15-37-01-scaled.png\"><\/a>Source: TradingView<\/p>\n<p>It\u2019s also worth noting that analysts\u00a0<span>at The Kobeissi Letter\u00a0<a href=\"https:\/\/x.com\/KobeissiLetter\/status\/2054177816573329496\" target=\"_blank\" rel=\"noopener\">pointed out<\/a> that the economy is currently experiencing<\/span>\u00a0inflation rates from the post-COVID era.<\/p>\n<p>Meanwhile, the ceasefire between the US and Iran is also hanging by a thread. US President Donald Trump <a href=\"https:\/\/www.bbc.com\/news\/articles\/cvgznxn18zgo\">said<\/a> that it\u2019s on \u201cmassive life support,\u201d and called Teheran\u2019s peace proposal \u201cgarbage.\u201d<\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-reacts-as-u-s-inflation-rises-to-highest-level-since-may-2023\/\">Bitcoin Price Reacts as U.S. Inflation Rises to Highest Level Since May 2023<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\">CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>It appears that rising fuel costs and international geopolitical tensions are catching up with global economies, and the US is no exception. The CPI numbers for April are out, indicating that inflation in the country has surged to 3.8%, the highest level since May 2023. Core CPI inflation also rose above the expected 2.7%, reaching [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-164343","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/164343"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=164343"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/164343\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=164343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=164343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=164343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}