Bitcoin back above $81,000 after hot CPI print, BNB, DOGE lead majors gains
Summary
Bitcoin recovered to $81,200 after briefly falling to $79,800 due to a hotter-than-expected April U.S. Consumer Price Index report of 3.8%. While the inflation data weighed on traditional equities, crypto markets remained resilient, supported by $858 million in weekly fund inflows. Notable gains were seen in BNB and DOGE, while institutional confidence was reflected in the largest weekly unwind of bitcoin short positions in 2026.
(Source:CoinDesk)