#CryptoCPIWatch

The US Consumer Price Index (CPI) report was released today at 15:30, and the actual inflation rate came in at 2.3%, below the expected 2.4%. This is the best-case scenario for the market, especially for risk assets like Bitcoin and Altcoins, as lower-than-expected inflation increases the likelihood of interest rate cuts this year.

*Market Reaction:*

- The US Dollar Index dropped 0.25% to 101.53

- The market is likely to rise due to the overall bullish sentiment

- Lower inflation rates can lead to increased investor confidence and higher market performance