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Just noticed Bitcoin bounced back after that March CPI reading came in lighter than expected at 0.2%. The market seems to be reading it as a positive signal. Bitcoin price has been holding steady around $80.90K with a modest +0.07% move in the last 24 hours, but these macro data points tend to create some interesting volatility.
When inflation numbers miss to the downside like that, it usually takes some pressure off the fed narrative, which historically has been decent for crypto. Not saying this is a huge move, but it's one of those moments where you see the correlation between macro economics and Bitcoin price action playing out in real time.
Keeping an eye on how Bitcoin responds to the next round of economic data. These kinds of signals matter for longer-term positioning.