The Bitcoin (BTC) market is showing resilience. Although the US inflation data released today, May 12, 2026, exceeded the expectations of the majority of analysts, the digital currency remains strong and struggles to maintain the USD 80,000 level.
The following graph is Bitcoin price last week:
According to a report released today, US consumer price index (CPI) was 3.8% year-on-yearThis is higher than the estimated 3.7%. In that respect, Core inflation rate (core CPI) reached 2.8%which exceeded expectations by 2.7%.
These numbers typically tend to put downward pressure on assets deemed “risky” by sectors of the market (Bitcoin among them) in the face of the prospect of a prolonged period of high interest rates.
Inflationary pressures are spurred by “storms” at the international level. Oil prices are rising due to the escalation of the war in Iran and the closure of the Strait of Hormuz since February 28th. Given that the strait is an important artery through which much of the world’s crude oil circulates, its closure poses a direct threat to global price stability.
In the face of such a war, rising oil prices, and continued inflation, one would expect a significant correction in the price of Bitcoin. but, Digital currencies are resisting selling pressure.
This stability suggests that: Markets will despise quick solutions to war conflicts Alternatively, investors are starting to see BTC as a stronger haven for value in the face of fiscal and geopolitical uncertainty.
As the world closely monitors developments in the Middle East, $80,000 in support remains the key psychological frontier for now.
According to trader Michael van de Poppe, Bitcoin will maintain its bullish trend as long as it remains above $76,000. If it misses that mark, then yes, there will be a much more severe price correction.
Carolina Gama, Bitget country manager for Argentina, told CriptoNoticias: The possibility of increased bearish pressure on BTC cannot be ruled out..
Gama said: “Under this scenario (where CPI beats expectations), speculative assets, including cryptocurrencies, could face short-term pressure as capital rotates into dollar strength and yield-focused exposure. This reaction would further highlight how closely digital assets currently trade with broader macroeconomic conditions and liquidity expectations.”
