The Numbers at a Glance
Headline CPI (YoY): 2.4% (Actual) vs. 2.5% (Expected).
Core CPI (YoY): 2.5%, which matched expectations and is the lowest since early 2021.
Monthly Move: Only +0.2%, signaling that the "inflation fever" is finally breaking despite recent tariff concerns.
🔥 Why the Market is Reacting
Rate Cut Bets: Traders have immediately pivoted. Odds for a June rate cut have jumped to over 80% according to the FedWatch tools. Some analysts are even starting to price in a more aggressive easing cycle for the second half of 2026.
Yield Drop: The US 10-Year Treasury yield took a dive toward 4.07%, which is like rocket fuel for growth stocks and crypto.
Crypto Leading the Charge: As you noted, $BTC and the broader market are reacting fast. Bitcoin jumped roughly 5% almost immediately after the release, as investors move out of the "safe haven" Dollar (which softened) and into high-beta assets.
⚠️ A Note of Caution
While the headline is great, the "SuperCore" (services minus housing) still shows some stickiness. However, with gasoline and energy prices down significantly, the overall "cooling" narrative is firmly back in the driver's seat.
It feels like the "Soft Landing" dream is very much alive. Would you like me to pull the latest technical levels for BTC or the S&P 500 to see where the next resistance might be?