U.S. Core CPI Soars 3.6%
The Bitcoin price remained stable after the latest U.S. Consumer Price Index (CPI) data showed that the inflation rose at %, fueling concerns over a potential delay in the Fed's rate cut plans.
-Consumer Price Index (CPI) rose by 0.3% in April, lower than the market expectations of 0.4%. Notably, the CPI rose at the same rate in the prior month.