<ul data-eligibleForWebStory="true"><li>US inflation data reveals a year-over-year CPI increase to 2.4%, indicating stable inflation dynamics amid Federal Reserve policy considerations.</li><li>Shelter costs and food prices contributed to the monthly rise, while the energy index decreased by 1.0% with notable drops in gasoline prices.</li><li>Core CPI increased by 0.1%, driven by gains in medical care, education, and personal care despite price declines in vehicle and apparel categories.</li><li>Core inflation stands at 2.8% annually, with the energy index down 3.5% and food prices up 2.9% year-over-year.</li><li>The cooler inflation data may alleviate pressure on the Federal Reserve to maintain high interest rates, potentially bolstering the bullish sentiment in the crypto market, especially for Bitcoin.</li><li>Lower rates could enhance liquidity and risk appetite, signaling potential monetary easing in the future and driving BTC's upward momentum.</li></ul>

US Inflation Data is Out: How It Can Affect Bitcoin?

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