US CPI Report Drops to 2.9%: What It Means for Crypto and Markets
The February CPI inflation report shows signs of cooling, with year-over-year inflation easing to 2.9%, down from 3.0% in January. Core CPI also softened slightly to 3.2% from 3.3%, signaling that price pressures may be gradually declining.
This shift could influence the Federal Reserve’s rate-cut strategy, as lower inflation gives them more room to pivot. Markets — especially crypto — are watching closely. Historically, lower inflation and looser monetary policy fuel risk-on sentiment, boosting digital asset prices.
As inflation cools, investor confidence in Bitcoin and Ethereum may grow, driving fresh momentum in the crypto market.
