#CryptoCPIWatch The U.S. Consumer Price Index (CPI) for February 2025 was released today, showing a year-over-year increase of 2.8%, slightly below the anticipated 2.9% and down from January's 3.0%. This data indicates a modest deceleration in inflation, which could influence the Federal Reserve's monetary policy decisions, potentially impacting interest rates and, consequently, the cryptocurrency market.
In response to the CPI release, Bitcoin (BTC) has shown signs of a bullish Relative Strength Index (RSI) divergence, suggesting weakening selling momentum despite recent price declines below $80,000. Investors are advised to monitor these developments closely, as they may signal potential shifts in market dynamics.
For a more in-depth analysis of how the CPI data might affect the cryptocurrency market, you might find the following video insightful: