US CPI hit 4.2% in May 2026, the highest since April 2023, as energy prices surged over 23%. Here's what it means for crypto and Bitcoin investors.

US inflation hit 3.8% in April 2026, a three-year high, with forecasters warning it could top 4%. Bitcoin holds above $80K as the Fed freezes rate cuts.

Economists expect the Consumer Price Index this week to show U.S. inflation continuing to rise due to higher energy costs.

NEW YORK -- The US consumer price index (CPI) rose 4.2 percent year on year in May, marking its highest level since May 2023, as energy prices remained high, according to data…