Does CPI have a significant impact on the BTC market? How does the 4.2% inflation data and interest rate hike expectations influence the crypto market?

In May, the Consumer Price Index returned to above 4% for the first time in three years, with energy prices becoming the key driver. Compared with April, the mild performance of core inflation formed a split combination of overall heat and an restrained core. This structural “temperature difference” not only makes the rate-hike path increasingly hard to pin down, but also directly affects the pricing benchmark of crypto assets in a strong-US-dollar environment. According to data from the U.S. De