{"id":3071,"date":"2026-05-13T21:29:22","date_gmt":"2026-05-13T21:29:22","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=3071"},"modified":"2026-05-13T21:29:22","modified_gmt":"2026-05-13T21:29:22","slug":"bitcoin-rebounds-after-cpi-driven-drop-as-viral-token-slides-17-percent","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/05\/13\/bitcoin-rebounds-after-cpi-driven-drop-as-viral-token-slides-17-percent\/","title":{"rendered":"Bitcoin Rebounds After CPI Driven Drop as Viral Token Slides 17 Percent"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"588\" height=\"390\" data-id=\"3072\" src=\"https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/05\/IMG_1964-18.jpeg\" alt=\"\" class=\"wp-image-3072\" srcset=\"https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/05\/IMG_1964-18.jpeg 588w, https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/05\/IMG_1964-18-300x199.jpeg 300w\" sizes=\"auto, (max-width: 588px) 100vw, 588px\" \/><\/figure>\n<\/figure>\n\n\n\n<p>Bitcoin recovered quickly after falling below the $80,000 mark following the latest U.S. Consumer Price Index report, which pointed to rising inflation pressures linked to geopolitical tensions involving Iran.<\/p>\n\n\n\n<p>The broader crypto market showed mixed performance, with several major altcoins posting gains while others suffered sharp corrections.<\/p>\n\n\n\n<p><strong>Bitcoin Bounces Back Following Inflation Data<\/strong><\/p>\n\n\n\n<p>Bitcoin climbed to nearly $83,000 last Wednesday before facing strong resistance that pushed prices down to around $79,100 by Friday. A gradual recovery followed over the weekend, allowing BTC to reclaim the $80,000 level.<\/p>\n\n\n\n<p>Volatility intensified again on Monday as traditional financial markets reopened. Bitcoin initially slipped from $81,500 to roughly $80,250 before surging to $82,500 after reports suggested Iran had submitted another peace proposal to the United States.<\/p>\n\n\n\n<p>However, the rally quickly reversed after the proposal was reportedly rejected by U.S. President Donald Trump, triggering a rapid $2,000 decline within minutes.<\/p>\n\n\n\n<p>BTC attempted another breakout on Tuesday but once again failed to move decisively above $82,000. Following the release of higher than expected CPI figures, bitcoin briefly dropped below $80,000 before recovering once more to trade around $81,000.<\/p>\n\n\n\n<p>The asset\u2019s market capitalization remained relatively stable near $1.62 trillion, while its dominance over the altcoin market continued to hold above 58 percent.<\/p>\n\n\n\n<p><strong>Binance Coin Overtakes XRP as Altcoin Market Sees Mixed Action<\/strong><\/p>\n\n\n\n<p>BNB reclaimed the fourth position among cryptocurrencies by market capitalization after rising roughly 2.5 percent over the past day. The gain allowed BNB to move ahead of XRP, which traded mostly flat during the same period.<\/p>\n\n\n\n<p>Dogecoin also strengthened its position among the top ten cryptocurrencies after posting another daily gain of around 2 percent, pushing its price above $0.11.<\/p>\n\n\n\n<p>Several other major tokens, including Hyperliquid, Bitcoin Cash, Bittensor, and Sui, recorded modest daily losses.<\/p>\n\n\n\n<p>The strongest performer of the day was NEAR Protocol, which surged nearly 6 percent to reach $1.64. TRUMP and WLFI also traded higher amid reports surrounding Trump\u2019s visit to China for talks with Xi Jinping.<\/p>\n\n\n\n<p>On the downside, Venice Token recorded the steepest losses, plunging more than 17 percent to trade below $15. Ondo, Toncoin, and Pudgy Penguins also remained heavily in the red.<\/p>\n\n\n\n<p>Despite the fluctuations, the total cryptocurrency market capitalization held steady near $2.78 trillion.#crypto#cryptonews <a href=\"https:\/\/coinsignals.net\">https:\/\/coinsignals.net<\/a> <a href=\"https:\/\/t.me\/coinsignalpublic\">https:\/\/t.me\/coinsignalpublic<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin recovered quickly after falling below the $80,000 mark following the latest U.S. Consumer Price Index report, which pointed to rising inflation pressures linked to geopolitical&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-3071","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3071","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=3071"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3071\/revisions"}],"predecessor-version":[{"id":3073,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/3071\/revisions\/3073"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=3071"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=3071"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=3071"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}