#PennsylvaniaBitcoinReserve US inflation reports data above expectations and also higher than the previous reading. Core at +3.3% year on year, against forecasts of +3.1%. Same music for classic inflation, which goes to +3.0% against forecasts of +2.9%. These are data – in short – that further distances interest rate cuts in the US and that make the situation more difficult overall for the Federal Reserve and also for risk-on assets such as Bitcoin and crypto.