#CPI&JoblessClaimsWatch In addition, Core CPI—which excludes volatile food and energy prices also showed signs of cooling. It rose by just 0.1% in March, bringing the annualized Core CPI down to 2.8%, from 3.1% in February and below the market expectation of 3%.
These lower-than-expected inflation figures have reinforced market confidence, triggering speculation about a potential breakout in Bitcoin’s price. Analysts believe that easing inflation may prompt a shift in monetary policy by the Federal Reserve.
