CPI report leans slightly bullish for crypto in the short term.
Headline inflation stayed stable and came in just under expectations, which markets see as a sign the Federal Reserve might cut interest rates soon.
Rate cuts usually weaken the dollar and make risk assets like Bitcoin more attractive.
The market reaction already showed stocks rising, bond yields falling, and the dollar dipping — all of which often support crypto prices.
However, core inflation was a bit hotter than expected, which could keep the Fed cautious. So while sentiment is positive now, the bullish effect might be moderate rather than explosive.