US CPI Data Released: With Inflation Drops to 2.4%
The post US CPI Data Released: With Inflation Drops to 2.4% appeared first on Coinpedia Fintech News
The U.S. Consumer Price Index (CPI) for March has dropped to 2.4%, lower than the expected 2.5%. This comes right after President Trump’s 90-day pause on tariffs, bringing new hope to the market.
With inflation slowing down, financial markets are reacting fast. Bitcoin, which was struggling, has now surged past $82,000. But will this rally last, or is it just a short-term boost?
Easing US CPI Inflation Data
According to the latest Consumer Price Index (CPI) data from the Bureau of Labor Statistics (BLS) shows that inflation dropped by 0.1% in March 2025, while Wall Street experts had predicted a 0.1% gain.
Looking at the bigger picture, the yearly inflation rate has fallen to 2.4% in March , compared to 2.8% in February and 3.0% in January. This shows that inflation has been slowly decreasing over the past few months.
Since the U.S. Central Bank uses CPI data to decide on interest rates and other policies, this decline in inflation could be a positive sign for investors. However, with ongoing economic uncertainty due to Trump’s tariff policies, institutional investors might see this as a bullish sign for the markets.
Core CPI Drops To 2.8%
Core CPI data, which measures inflation without including food and energy prices, which tend to be highly volatile. In the latest report, Core CPI dropped to 2.8% , slightly below the expected 3%.
However, the decline in both overall and core CPI indicates that efforts to control inflation are starting to work.
If this trend continues, it could lead to a more stable financial market, lower borrowing costs, and stronger investor confidence.
Crypto Market Reacts to CPI News
The crypto market responded quickly:
- Bitcoin jumped 7.02% to $81,940, nearing the $85K resistance.
- Ethereum surged 10% to $1,600.
- XRP, SOL, DOGE, and ADA soared 12%, 10%, 8.4%, and 10.9%, respectively.
Pi Network News: Pi Coin Price To Drop By 50% – Two Possible Reasons Behind It
The post Pi Network News: Pi Coin Price To Drop By 50% – Two Possible Reasons Behind It appeared fir...
Arizona’s Bitcoin Reserve Bill Advances to Final Vote
The post Arizona’s Bitcoin Reserve Bill Advances to Final Vote appeared first on Coinpedia Fintech N...
Trump Media Demands SEC Probe into Alleged DJT Stock Manipulation
The post Trump Media Demands SEC Probe into Alleged DJT Stock Manipulation appeared first on Coinpe...