Bitcoin Posts Modest Gains After February CPI Inflation Comes In Cooler Than Expected

Bitcoin (BTC) recorded slight gains as the Consumer Price Index (CPI) inflation rate for February came in lower than expected. The softer inflation reading fuelled hopes of interest rate cuts by the US Federal Reserve (Fed), potentially benefiting risk-on assets. Bitcoin Jumps As Inflation Cools According to data from the US Bureau of Labor Statistics, the CPI increased by 0.2% in February on... source: https://www.newsbtc.com/bitcoin-news/bitcoin-posts-modest-gains-after-february-cpi-inflation-comes-in-cooler-than-expected/