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Must Know Today
April CPI hit 3.8% YoY — hottest since May 2023 — markets now pricing 30% chance of rate HIKE by Dec; zero cuts in 2026 WTI crude spikes above $101 — Trump says US-Iran ceasefire on 'massive life support'; Hormuz blockade fears reignite BTC opens $81,721 but slides to $80,389 on CPI shock — $80K is the line; ETH cracks below $2,300 Senate Banking Committee votes on Digital Asset Market Clarity Act (H.R. 3633) on May 14 — biggest crypto regulatory event of the week
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