$BTC US CPI Report: Is Inflation Decreasing or Continuing Pressure? What Does This Mean for the Market and Cryptocurrency?
Key Points:
CPI inflation for February is projected to reach 2.9% YoY, down from 3.0% in January.
Core CPI forecast at 3.2%, a slight decrease from the previous 3.3%.
The Federal Reserve's interest rate cut outlook may change based on CPI data.
The cryptocurrency market, stocks, and the volatility of the USD depend on inflation trends.