The Consumer Price Index (CPI) in the US has dropped for the fifth consecutive month, with a year-on-year increase of 2.5%. This trend is seen as a positive sign for the crypto market. The CPI is an important indicator of inflation and its fluctuations can impact both traditional markets and cryptocurrencies like Bitcoin. Lower inflation rates are generally seen as a sign of economic stability, which can positively influence the investment environment. Bitcoin has shown a strong correlation with macroeconomic indicators, including the CPI. The data provided by Lookonchain suggests that Bitcoin prices tend to rise when inflation drops. This can be attributed to investor behavior, as they may switch to safer assets during periods of high inflation and return to riskier assets, such as Bitcoin, when inflation decreases.



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