#CPI&JoblessClaimsWatch
U.S. CPI dropped to 2.4% YoY in March — a bigger-than-expected decline, sparking talks about possible Fed rate cuts ahead.
At the same time, jobless claims rose to 223,000, signaling a slight cooling in the labor market.
$BTC and $ETH responded positively, with market sentiment leaning toward optimism as inflation eases.
Could this signal the start of a new bullish wave, or is the market just catching its breath?
Is this bullish for crypto? Or just a pause before the next storm?