Bitcoin back above $81,000 after hot CPI print, BNB, DOGE lead majors gains

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin back above $81,000 after hot CPI print, BNB, DOGE lead majors gains Bitcoin rolled back to $81,200 after dipping to $79,800 on Tuesday's hotter-than-expected U.S. inflation reading, while BNB zoomed 2.5% over 24 hours and dogecoin added 1.3% as crypto funds saw their strongest weekly inflows in months. By Shaurya Malwa May 13, 2026, 4:42 a.m. 3 min read Make preferred on What to know : Bitcoin briefly dipped on a hotter-than-expected April inflation reading but quickly rebounded to about $81,000, signaling aggressive dip-buying and resilience to macro jitters. Crypto funds saw $858 million in inflows last week, led by bitcoin products and the largest weekly unwind of bitcoin short positions this year, pointing to fading bearish bets even as traditional markets wobbled. Analysts say bitcoin is pausing below its downward-sloping 200-day moving average after a rally, with structural buyers and regulatory tailwinds like the CLARITY Act compromise supporting the market ahead of key Senate and economic events. Bitcoin BTC $ 80,621.04 shrugged off the inflation scare almost as quickly as the print landed. The largest cryptocurrency dropped to $79,879 in late U.S. hours Tuesday after the April Consumer Price Index came in at 3.8% year-over-year, hotter than economists had estimated, with gasoline prices doing most of the lift since the Iran war began. BTC recovered to $81,208 by Asian morning Wednesday, ending the session up 0.3% over 24 hours after trading a $1,400 range. The dip got bought aggressively. Among the majors, BNB led with a 2.5% gain to $677, while dogecoin added 1.3% to $0.1114. Ether dropped 0.3% over 24 hours to $2,300 and is now down 3.2% on the seven-day, the laggard of the cohort. Solana slipped 0.6% to $95.52. XRP traded at $1.45, down 0.5% on the day. The CPI print rattled traditional markets harder than crypto. The S&P 500 fell 0.2% and the Nasdaq 100 dropped 0.9%, with semiconductor stocks taking the brunt of the selling after weeks of outsized gains. The rate-sensitive two-year Treasury yield held just under 4%, while Japan's 20-year bond yield breached its January peak to touch the highest level since 1997 as elevated energy prices add to inflation pressure globally. Asian equities clawed back early losses after the White House confirmed Nvidia CEO Jensen Huang would join President Donald Trump's trip to China, lifting chipmaker futures. The flows underneath crypto are still positive. CoinShares reported global crypto fund inflows of $858 million last week, with bitcoin products absorbing $706 million, ether $77 million, solana $48 million, and XRP $40 million. The largest data point was the $14 million in outflows from bitcoin short positions, the biggest weekly short unwind of 2026. Money is leaving bearish bets on bitcoin even as the macro tape turns choppier, which is the kind of positioning shift that typically precedes upward grinds rather than capitulations. FxPro's chief market analyst Alex Kuptsikevich said the broader sentiment index has settled just below the midpoint of its range, recording readings of 47, 48 and 49 over the past three days, suggesting bears still have a slight upper hand. Bitcoin "lost its upward momentum as it approached the 200-day moving average," he said in a note, referring to the long-term trend line that smooths out short-term price noise. "Although this line is trending downwards, the market has failed to break through it for the past six days. On the other hand, as the decline is quite modest, it resembles nothing more than a breather following a rally." CoinShares also noted that last week's inflow surge came alongside a compromise on stablecoin yield treatment under the CLARITY Act, which the Senate Banking Committee is expected to consider next week. The regulatory progress is one of the few clean tailwinds the market has had since the Iran war began, and it is showing up in the flow data rather than the price action. For now, bitcoin holding $81,000 after a CPI print this hot and a Treasury yield setup this tight is the kind of behaviour that suggests structural buyers are still active under the price. Whether that holds through next week's Senate markup and the next round of macro data is the next test. More For You Bitcoin’s bull-bear cycle indicator turns green for first time since March 2023 By Olivier Acuna | Edited by Oliver Knight 13 hours ago While some experts point to $90,000 as the next explosive level, others caution that this new "early bull" signal isn't a guaranteed crystal ball. What to know : CryptoQuant’s bitcoin bull-bear cycle indicator has turned green for the first time since 2023, signaling what analysts say may be an early shift from bear-market behavior toward a recovering market structure. Analysts caution that the signal is a regime-shift indicator rather than a precise trading tool, noting that confirmation will... Read full story Latest Crypto News JPMorgan files to launch new tokenized fund as Wall Street tokenization race heats up 7 hours ago The Ethereum Foundation unveils new 'Clear Signing' standard to stop users from approving malicious crypto transactions 11 hours ago Senate confirms Kevin Warsh to Fed board ahead of expected Chair vote 11 hours ago Stablecoin yield infrastructure project raises $13.5M in round led by Sky Ecosystem 12 hours ago Privacy emerges as crypto’s next 'killer app,' with Arc, Canton and Tempo topping $1 billion in funding 12 hours ago U.S. CFTC in talks with every major pro sports league on policing prediction markets 13 hours ago Top Stories Live markets: Bitcoin climbs back to $80,800 as U.S. stocks bounce into the close 13 hours ago Elliptic raises $120 million backed by Nasdaq, Deutsche Bank as AI reshapes crypto security 15 hours ago 'Bitcoin transactions can be monitored’: Ray Dalio explains why central banks won’t touch BTC 23 hours ago Binance's chief marketing officer Rachel Conlan to leave the exchange 13 hours ago Clarity Act, in the flesh, unveiled by U.S. Senate Banking Committee before hearing May 12, 2026 Bitcoin will 'explode' past $90,000 and hit $126,000, Arthur Hayes says 17 hours ago In this article BTC BTC $ 80,621.04 ◢ 0.36 %