The United States has released its long-awaited Consumer Price Index (CPI) data for March, and the figures turned out to be more encouraging than expected, pointing to a weakening of inflationary pressure.

Although a decline in inflation is typically seen as a positive signal for the crypto market — especially due to the potential for Federal Reserve interest rate cuts — Bitcoin's reaction was mixed: its price initially spiked, only to quickly retreat to $81,500.

The annual growth of the headline CPI came in at 2.4%, slightly below the forecasted value. The core CPI, which excludes volatile categories like energy and food, dropped to 2.8%, compared to expectations of 3%. These are the lowest figures recorded since 2021.

Donald Trump's economic strategy has primarily focused on reducing interest rates. However, the Federal Reserve has kept rates unchanged over its last two meetings, citing growing concerns about resurging inflation.

Now, the new data may signal a possible shift in U.S. monetary policy. Historically, lower interest rates have been supportive of higher-risk assets, including cryptocurrencies.

Still, the immediate reaction from the digital asset market was somewhat unexpected. BTC, which had surged over $6,000 following Trump's decision to suspend most trade tariffs for 90 days, briefly jumped to $82,500 after the CPI release but then quickly pulled back to $81,500.

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