Fresh US inflation data came in below expectations, giving markets a boost.
🔽 CPI: 3.5% (vs. 3.8% expected)
🔽 Core CPI: 2.6% (vs. 2.9% expected)
🔼 The softer inflation numbers lifted risk assets across the board, with Bitcoin, gold, silver, and oil all moving higher after the release.
Lower inflation strengthens expectations that the Fed could take a less restrictive approach in the months ahead. While volatility may continue, today's data is another positive signal for the broader crypto market.