#CPIWatch The latest U.S. Consumer Price Index (CPI) report revealed inflation cooled slightly, sparking renewed optimism across crypto markets. Bitcoin and Ethereum saw modest gains as traders priced in a higher probability of Fed rate cuts later this year. A softer CPI often fuels bullish sentiment, as lower inflation may ease monetary tightening and support risk assets like crypto. Analysts warn, however, that volatility could return if future data surprises to the upside. For now, market sentiment remains cautiously positive, with traders closely monitoring upcoming economic indicators and Fed commentary. Stay tuned to Binance for the latest CPI-driven crypto market insights!