2026-04-12 03:24:23

The United States' inflation is "below expectations," but rate cuts are further away! Why is BTC still rising?

The U.S. March inflation data is out: CPI increased by 3.3% year-over-year (below the expected 3.4%)
Core CPI increased by 2.6% year-over-year (below the expected 2.7%)
On the surface, the data appears "mild," but in reality, this inflation level is still the highest since May 2024.
The market had already priced in this expectation in advance, so after the data was released, the interest rate path was further adjusted—rate cuts were delayed, possibly pushed back to 2026.
But it is worth noting that under such macroeconomic pressure, Bitcoin still rose about 1.63%, once again challenging the key resistance level of $75k, indicating that market risk appetite has not significantly cooled down.

BTC-1,49%

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