$BTC Here’s the breakdown -:
-CPI (YoY): 2.3% (Forecast was 2.4%) . Core CPI: 2.8% (Still sticky, but declining).
-USD Reaction: Likely to weaken short-term . Fed Outlook: Rate cuts now more likely in coming months
-BTC & Alts: Risk assets may rally as macro pressure eases . Equities: S&P & Nasdaq already showing positive movement.
Inflation cooling = more room for the FED to loosen.