US CPI Report Update – Bullish News for Crypto Markets

Today at 15:30, the U.S. Consumer Price Index (CPI) report was released, showing an inflation rate of 2.3%, slightly below the expected 2.4%. This is a bullish signal for markets—especially for risk assets like Bitcoin and Altcoins—as it boosts the chances of interest rate cuts later this year.

Market Reaction:

US Dollar Index dropped 0.25% to 101.53

Markets are poised to rally on growing investor optimism

Lower inflation tends to enhance investor confidence and support risk asset growth

CPI Scenarios & Outcomes:

Above 2.4% – Bearish short-term; potential delay in rate cuts

Exactly 2.4% – Neutral to bullish; likely market uplift

Below 2.4% – Bullish outcome; increases likelihood of rate cuts, driving crypto higher

What Happened:

With CPI coming in at 2.3%, Scenario 3 has played out. This favorable outcome could fuel a rally in crypto and broader markets.

Meanwhile, Core CPI rose 2.8% year-over-year, in line with March’s reading and market expectations.

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