#CPI&JoblessClaimsWatch

The latest U.S. inflation data has sparked optimism in financial markets, especially among cryptocurrency investors. According to the Department of Labor, the Consumer Price Index (CPI) rose by 0.1% in March, down from 0.2% in February. Year-on-year, the Consumer Price Index decreased to 2.4%, down from 2.8% in the previous month, and lower than Wall Street's expectations of 2.6%.