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The U.S. March unadjusted CPI year-over-year dropped to 2.4%, down from 2.8% last month and below the 2.6% market expectation. While this signals cooling inflation, the market reaction has been muted.
How will this impact the Fed rate cut expectations and the crypto market? Share your thoughts with #CPIDataComing for a chance to win a $50 reward!
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Analysis: The possibility of BTCQ1fall to $75,000 is less than 10%
Odaily Planet Daily News Derivatives research director Sean Dawson said BTC has a "slight possibility" of falling by nearly 26% to around $75,000 in the first quarter of 2025. He said that by March, the possibility of BTC falling below $75,000 had "risen from 7.2% in the past 24 hours to 9.2%".