‼️ US CPI DATA UPDATE ‼️

Today's CPI just dropped and it came in softer than expected — headline at 2.4% (vs 2.5% forecast, down from 2.7% last month) and core at 2.5% (also cooler than what most were pricing in).

Short version: this is bullis for crypto right now.

Lower inflation = better odds the Fed actually cuts rates soon (or at least doesn't stay super hawkish). That usually juices risk-on stuff like BTC, ETH, and alts — weaker dollar, more liquidity, happy crypto vibes.

Market was kinda braced for a hot print that could’ve sent us lower, but this cooler number is flipping the script in a good way.

TL;DR: Bullis (just keep an eye on the immediate price action — crypto can still do its crazy volatility thing 😅)

dyor