$BTC
April’s CPI shows a YoY rise of just 2.3%, the lowest since 2021. This cooldown in inflation boosts expectations for a Fed rate cut, pushing crypto markets higher. Bitcoin has broken above $100K, driven by dovish sentiment.
Key Data:
Headline CPI (MoM): +0.2% (Feb), +0.3% (Mar), +0.4% (Apr)
Core CPI (MoM): same
Annual inflation: 2.8% → 2.4% → 2.3%
Current setup: Falling inflation + bullish outlook = a favorable setup for crypto.
What’s your take — bullish or cautious? Will altcoins follow BTC’s lead or is a short-term pullback coming? Share your thoughts below!