Beginner Why long-term crypto holders borrow against assets instead of selling A strategic guide to liquidity management, capital preservation, and the real tradeoff between selling and borrowing crypto Open guide This article is 3 years old. The information presented may be outdated.
May CPI report shows disinflation persisting as Bitcoin rises
Bitcoin is above $26k in the wake of new CPI numbers from the U.S.
Quick Take
- The U.S. consumer price index report for May came in today with numbers lower than expected.
- The trend of decreasing inflation persists in the U.S.; however, the core index remains persistently high.
- Following the release of the CPI report, Bitcoin experienced a boost, increasing by 1.8% to a new value of $26,400.
- Based on the current market reactions, there's an 80% likelihood of a market “pause” being factored in.




























