Today, inflation data (CPI) was released, and its impact was immediate on the crypto market:

Slight decrease in inflation = Increased risk appetite

Bitcoin and Ethereum are showing clear buying strength

Altcoins are starting to move: $ARB, $OP, and $LINK are gaining momentum

Why should you care about CPI?

Because inflation determines the direction of monetary policy, and monetary policy moves crypto!

With declining inflation, the chances of interest rate hikes weaken, and smart money begins to flow towards digital assets.