According to Michaël van de Poppe on Twitter, recent macroeconomic and geopolitical developments have reinforced gold's strength, as the metal continues to test key resistance levels. While gold approaches an all-time high (ATH), altcoins are experiencing a correction, highlighting a divergence in performance. Traders should watch gold's resistance closely, as a breakout could signal further gains for gold and continued pressure on altcoins, potentially driving capital outflows from the crypto market into traditional safe havens like gold (source: Michaël van de Poppe, Twitter).

According to Cas Abbé, the US Consumer Price Index (CPI) data is scheduled for release today at 8:30 AM ET, with market expectations set at 2.4%. If CPI exceeds 2.4%, traders should anticipate increased downside volatility and potential corrections in altcoins. If CPI meets the 2.4% forecast, Bitcoin and altcoins could see bullish price action due to improved macro sentiment. Crypto market participants are advised to monitor CPI results closely, as volatility could provide significant trading opportunities. (Source: Cas Abbé on Twitter, May 13, 2025)