US Inflation Rises to 3.8%, Higher Than Expectations; Bitcoin, XRP, ADA Price Decline

US inflation surprised hotter-than-expected in April 2026 (CPI +0.6% m/m, +3.8% y/y), driven largely by energy and shelter costs. The data pushed Treasury yields higher and reduced market expectations for near-term Fed rate cuts, lifting the odds of a 2026 rate hike. Risk assets weakened: Bitcoin briefly fell about 1.2% to near $80,551 and other major crypto (ETH, XRP, BNB, ADA) also pulled back. The hotter CPI reading and higher yields pressured crypto and tamped down optimism for easing monetary policy, shifting positioning away from risk and toward cash/treasuries.