#CryptoCPIWatch Scenario 1: CPI above 2.4% - Negative for markets in the short term, potentially delaying interest rate cuts

- Scenario 2: CPI at 2.4% - Market likely to rise due to overall bullish sentiment

- Scenario 3: CPI below 2.4% - Best-case scenario, driving Bitcoin and Altcoins higher due to increased likelihood of rate cuts

Given the actual CPI rate of 2.3%, Scenario 3 has played out, potentially driving up the market and risk assets. Core CPI rose 2.8% year-over-year, matching March's print and analysts' estimates.