Just caught that core CPI came in lighter than expected at 0.2% for March, and Bitcoin price is responding positively to the news. When inflation data misses to the downside like this, it usually gives markets a boost since it suggests less pressure on the Fed to keep rates elevated.

BTC is currently trading around $80.90K with modest gains over the past day. Nothing explosive, but it's interesting to watch how the bitcoin price in USD reacts to macro data like this. The forecast had been looking for a hotter number, so the cooler reading definitely helped sentiment.

Seems like we're in a phase where macro data points are still driving short-term price action. Worth keeping an eye on what the next inflation print brings.