$BTC $BTC Both indicators came in below market expectations, showing a relative cooling of prices in the United States.

"Relative" because the CPI is not the preferred data of the Federal Reserve (Fed, the Central Bank of the U.S.) to guide the decision on interest rates in the country, but it serves as a thermometer for inflation.

The drop in inflation is the first step for the Fed to reduce the interest rate there, which is currently in the range of 4.25% to 4.5% per year.

And a scenario of lower interest rates is essential for bitcoin to seek new price levels.

It is worth mentioning that next week, the U.S. monetary policy meeting will take place, which is expected to keep rates at current levels.

However, attention turns to the announcement after the decision — which should bring the new outlook for interest rates there.