Bitcoin
Bitcoin (BTC)
$105,635.00 -1.7109
Bitcoin price
Ethereum
Ethereum (ETH)
$2,606.44 -2.04661
Ethereum price
BNB
BNB (BNB)
$670.90 -1.71875
BNB price
Solana
Solana (SOL)
$161.95 -5.09794
Solana price
XRP
XRP (XRP)
$2.19 -4.22331
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 -6.71159
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000013 -6.49122
Pepe price
Bonk
Bonk (BONK)
$0.0000175 -10.68553
Bonk price
dogwifhat
dogwifhat (WIF)
$0.999875 -7.6084
dogwifhat price
Popcat
Popcat (POPCAT)
$0.384264 -10.79334
Popcat price
Bitcoin
Bitcoin (BTC)
$105,635.00 -1.7109
Bitcoin price
Ethereum
Ethereum (ETH)
$2,606.44 -2.04661
Ethereum price
BNB
BNB (BNB)
$670.90 -1.71875
BNB price
Solana
Solana (SOL)
$161.95 -5.09794
Solana price
XRP
XRP (XRP)
$2.19 -4.22331
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 -6.71159
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000013 -6.49122
Pepe price
Bonk
Bonk (BONK)
$0.0000175 -10.68553
Bonk price
dogwifhat
dogwifhat (WIF)
$0.999875 -7.6084
dogwifhat price
Popcat
Popcat (POPCAT)
$0.384264 -10.79334
Popcat price
Bitcoin
Bitcoin (BTC)
$105,635.00 -1.7109
Bitcoin price
Ethereum
Ethereum (ETH)
$2,606.44 -2.04661
Ethereum price
BNB
BNB (BNB)
$670.90 -1.71875
BNB price
Solana
Solana (SOL)
$161.95 -5.09794
Solana price
XRP
XRP (XRP)
$2.19 -4.22331
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 -6.71159
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000013 -6.49122
Pepe price
Bonk
Bonk (BONK)
$0.0000175 -10.68553
Bonk price
dogwifhat
dogwifhat (WIF)
$0.999875 -7.6084
dogwifhat price
Popcat
Popcat (POPCAT)
$0.384264 -10.79334
Popcat price
Bitcoin
Bitcoin (BTC)
$105,635.00 -1.7109
Bitcoin price
Ethereum
Ethereum (ETH)
$2,606.44 -2.04661
Ethereum price
BNB
BNB (BNB)
$670.90 -1.71875
BNB price
Solana
Solana (SOL)
$161.95 -5.09794
Solana price
XRP
XRP (XRP)
$2.19 -4.22331
XRP price
Shiba Inu
Shiba Inu (SHIB)
$0.0000133 -6.71159
Shiba Inu price
Pepe
Pepe (PEPE)
$0.000013 -6.49122
Pepe price
Bonk
Bonk (BONK)
$0.0000175 -10.68553
Bonk price
dogwifhat
dogwifhat (WIF)
$0.999875 -7.6084
dogwifhat price
Popcat
Popcat (POPCAT)
$0.384264 -10.79334
Popcat price

Bitcoin, Ethereum prices rise after U.S. inflation report

Brian Stone
Edited by
Markets
Bitcoin, Ethereum prices rise after U.S. inflation report

Bitcoin and stocks experienced a notable price increase following the release of the April U.S. inflation data.

The Consumer Price Index (CPI), which measures the average change over time in the prices paid by urban consumers for a market basket of consumer goods and services, indicated a 3.4% increase in consumer prices from last year.

The year-over-year inflation figure represents a slight decrease from March’s inflation rate of 3.7%, as reported by the U.S. Bureau of Labor Statistics (BLS).

Bitcoin, Ethereum prices rise after U.S. inflation report - 1
24-hour price of BTC from CoinMarketCap

Shortly after the BLS published its findings, Bitcoin’s price (BTC) reached $64,492, marking a 4% rise over the past 24 hours and a 1% increase within the last hour, according to CoinMarketCap.

Bitcoin, Ethereum prices rise after U.S. inflation report - 2
24-hour price of ETH from CoinMarketCap

Similarly, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, increased its price to $2,960.94, up 1.87% from the previous day and 1% from an hour earlier.

The BLS highlighted housing and gasoline as the primary contributors to the inflation rate in April, reflecting ongoing economic pressures in these sectors.