Bitcoin (BTC) and the crypto markets are on the rise after the latest Consumer Price Index (CPI) reveals cooling inflation. New data from the U.S. Bureau of Labor Statistics, the CPI – which measures the changes in the prices of goods and services – shows inflation dipped to 4.9% in April, down from 5% in The post Bitcoin and Crypto Markets Rise on Inflation Data As Countdown to US Debt Default Looms appeared first on The Daily Hodl .