#CryptoCPIWatch The cryptocurrency market is experiencing heightened volatility as investors react to the latest U.S. Consumer Price Index (CPI) data and its implications for monetary policy.
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📊 April CPI Report: Inflation Eases Slightly
The U.S. CPI for April 2025 showed a year-over-year increase of 2.3%, slightly below the anticipated 2.4%. Core CPI, which excludes food and energy prices, remained steady at 2.8% . This softer-than-expected inflation reading has fueled speculation about potential Federal Reserve rate cuts, which could positively impact risk assets like cryptocurrencies.
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💹 Bitcoin and Altcoins Respond to CPI Data
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