The U.S. Consumer Price Index recorded a 2.4% year-over-year increase, coming in below analyst projections of 2.5%.
Similarly, core CPI—which excludes volatile food and energy prices—rose 2.8% annually, also underperforming against the anticipated 2.9% growth.
These figures mark a deceleration in inflationary pressures, potentially influencing market sentiment toward risk assets including cryptocurrencies.
For ongoing analysis and timely updates on cryptocurrency market developments, follow our official social media channels.