CoinDesk reports that Bitcoin has climbed back above $81,000 following the hot US CPI inflation print. BNB and DOGE led gains among major cryptocurrencies. Despite the inflation beat, the crypto market rebounded, suggesting investors may have already priced in the inflation data and are now focusing on other positive signals.

Sources: CoinDesk

Bitcoin dropped to $79,000 with DOGE leading losses among major cryptocurrencies. Negative funding rates on futures contracts hit a 10-year record, reflecting heavy bearish sentiment in the market.

The 2026 Pulitzer Prize winners were announced on May 4, recognizing excellence in journalism, literature, and musical composition. The Associated Press, The Washington Post, Reuters, and the Minnesota Star Tribune were among the most prominent winners across multiple categories.

The Washington Post earned the prestigious Public Service award — the highest honor in American journalism — for its investigative reporting on the Department of Government Efficiency (DOGE) and the sweeping cuts to the federal workforce. The series exposed the far-reaching impact of DOGE initiatives on government agencies and told the stories of tens of thousands of federal employees who were abruptly dismissed, providing the public with critical insight into one of the most controversial policy initiatives of the year.

The Associated Press received multiple awards for its sustained coverage of global conflicts and international affairs, reaffirming its position as a leading source of global news reporting. Reuters was recognized for its in-depth financial and market analysis in the business reporting category.

The Minnesota Star Tribune, a regional newspaper, also secured a major award — a testament to the enduring value of local journalism in the American media ecosystem. The paper’s deep dive into community issues and persistent investigative work earned high praise from the Pulitzer board.

The New York Times’ annual roundup of Pulitzer-winning books was also released, covering award recipients across fiction, nonfiction, history, and biography categories.

Administered by Columbia University, the Pulitzer Prizes remain the premier recognition of achievement in American journalism and the arts. This year’s winners reflect the resilience of professional journalism in the face of political upheaval and technological disruption.

The awards come at a critical time for the American news industry. With the rise of social media and AI-generated content, traditional newsrooms face unprecedented financial pressures in maintaining high-quality investigative reporting. The honored outlets’ achievements underscore the indispensable role that professional journalism plays in a functioning democracy.

Source: AP News, The New York Times, The Washington Post