Sentiment: Positive
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Bitcoin, Ethereum Price Rises As US CPI Inflation Cools To 4.9%
By Varinder Singh at 2026-05-06 00:26
Sentiment: Positive
The annual U.S. Consumer Price Index (CPI) inflation for April comes in at 4.9%, lower than the expected 5%, as per data by the US Bureau of Labor Statistics. Moreover, the annual core inflation rate drops to 5.5% in April after rising 5.6% last month. As a result, Bitcoin price has started rising as traders The post Bitcoin, Ethereum Price Rises As US CPI Inflation Cools To 4.9% appeared first on CoinGape. Continue reading...
Categories: 24/7 Cryptocurrency News
Tags: #24/7 Cryptocurrency News #Altcoin News #Bitcoin(BTC) News #Bitcoin #Consumer Price Index #CPI #ethereum #United States
Source CoinGape