{"id":97040,"date":"2026-05-12T16:38:30","date_gmt":"2026-05-12T13:38:30","guid":{"rendered":"https:\/\/u1f987.com\/en\/?p=97040"},"modified":"2026-05-12T16:40:27","modified_gmt":"2026-05-12T13:40:27","slug":"us-inflation-rises-to-3-8-bitcoin-remains-unmoved","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/us-inflation-rises-to-3-8-bitcoin-remains-unmoved\/","title":{"rendered":"US Inflation Rises to 3.8%, Bitcoin Remains Unmoved"},"content":{"rendered":"

The US Bureau of Labor Statistics reported<\/a> a 3.8% year-on-year increase in the Consumer Price Index (CPI). The monthly figure for April rose by 0.6%.<\/p>\n

\"Screenshot
Source: US Bureau of Statistics.<\/figcaption><\/figure>\n

The primary driver of inflation was energy costs, which increased by 3.8% over the month, accounting for nearly half of the overall rise. Gasoline prices rose by 5.4%, while electricity increased by 2.1%.<\/p>\n

Rising inflation in the US often impacts the monetary policy of the Federal Reserve<\/span>. Traditionally, high price statistics increase pressure on risk assets.<\/p>\n

In anticipation of US inflation data, investors reduced<\/a> exposure to volatile instruments. Futures on the S&P 500 fell by 0.4%, while the Nasdaq 100 dropped by nearly 1%. Technology companies saw the most significant declines.<\/p>\n

The digital asset sector showed little reaction to the data release. Bitcoin prices fell by just 0.4% over the day. The leading cryptocurrency is trading at $80,919.<\/p>\n

\"BTCUSDT_2026-05-12_16-03-41\"
Hourly chart of BTC\/USDT on Binance. Source: TradingView<\/a>.<\/figcaption><\/figure>\n

Other assets also showed no significant movements.<\/p>\n

\"Screenshot
Source: CoinMarketCap<\/a>.<\/figcaption><\/figure>\n

New Fed Chair<\/h2>\n

Amid rising inflation, the Senate is preparing to confirm<\/a> Kevin Warsh as the next Federal Reserve Chair. His nomination has sparked debate due to his Wall Street connections and potential dependence on the White House.<\/p>\n

During hearings, Senator John Kennedy directly asked Warsh if he would become a “puppet” of US President Donald Trump, who is actively pushing for lower interest rates.<\/p>\n

Experts note that Warsh will have to balance the president’s demands with reality: the military conflict in Iran<\/a> has caused a spike in oil prices, complicating rate cuts.\u00a0<\/p>\n

Researchers believe Warsh’s experience in the financial sector (Morgan Stanley) may help him maintain independence, as Wall Street traditionally prefers low inflation.<\/p>\n

Back in February, the CPI remained unchanged<\/a>, while the price of the leading cryptocurrency jumped by 2.3% to $71,000.<\/p>\n","protected":false},"excerpt":{"rendered":"

The US Bureau of Labor Statistics reported a 3.8% year-on-year increase in the Consumer Price Index (CPI). The monthly figure for April rose by 0.6%.<\/p>\n","protected":false},"author":1,"featured_media":97041,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"US inflation rose to 3.8%, Bitcoin remained stable.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,1224,26],"class_list":["post-97040","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-macroeconomics","tag-usa"],"aioseo_notices":[],"amp_enabled":true,"views":"35","promo_type":"1","layout_type":"1","short_excerpt":"US inflation rose to 3.8%, Bitcoin remained stable.","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/97040","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=97040"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/97040\/revisions"}],"predecessor-version":[{"id":97042,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/97040\/revisions\/97042"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/97041"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=97040"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=97040"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=97040"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}