
Core CPI came in at 3.0%, below the 3.1% estimate and prior reading. This slightly lower-than-expected inflation data could be a positive signal for risk assets, potentially easing concerns about aggressive Federal Reserve rate hikes. Investors might consider this a favorable development for Bitcoin and other cryptocurrencies, which often react positively to signs of a less hawkish monetary policy.

By intocryptoverse
CEO/Founder @ITC_Crypto @ITC_Stocks @ITC_Macro PhD Engineering https://t.co/VwxEaJxIl8