$BTC Main Points:

February CPI inflation is estimated at 2.9% year-on-year, down from 3.0% in January.

Core CPI is estimated at 3.2%, slightly down from 3.3% previously.

The prospect of a cut in US Federal Reserve interest rates may change based on CPI data.

Cryptocurrency, stock markets, and fluctuations in the US dollar depend on inflation trends.

US Inflation Data Expected to Decrease, But Risks Remain

The US Bureau of Labor Statistics (BLS) will release the Consumer Price Index (CPI) report for February on Wednesday at 12:30 GMT, providing important insights into inflation trends. Market analysts anticipate a slight decrease in inflation, which could impact Federal Reserve policy, the US dollar, and risk assets such as cryptocurrencies.