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itcoin
BTC
$76,315.89
fell to $76,500 from above $79,000 at the start of the week, halting the rally from the late-March low below $65,000. For those expecting a quick rebound, it’s worth noting that the latest economic data does not support a major bullish move.
Most importantly, the University of Michigan Consumer Survey shows the consumer sentiment index falling to a record low of 49.8 this month, driven largely by inflation pressure related to the conflict in Iran.
Inflation expectations also surged sharply, with the one-year index jumping to 4.8% in April from 3.8% the previous month. Long-term expectations (five to 10 years) rose to 3.5%, the highest figure since October 2025.$BTC
#CryptoMarketsDipSlightly