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US consumer inflation showed signs of cooling in April, with the Consumer Price Index (CPI) rising 2.3% year-over-year. Bitcoin remained stable as markets digested the data, which came ahead of potential tariff impacts.
- April's CPI rose 2.3% year-over-year, with a 0.2% monthly increase, slightly below forecasts.
- Core CPI remained steady at 2.8% annually, while energy prices dropped 2.4%.
- Bitcoin showed minimal volatility, trading near $103,000, as markets awaited the Fed's June policy meeting.
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Other Tags: CME, Consumer Price Index (CPI), Labor Department