Odaily Planet Daily News: The CPI data released on Wednesday gave investors a sigh of relief, with the core CPI rising only 0.2% month-on-month in February, lower than the expected 0.3%. André Dragosch, head of European research at Bitwise, said the latest inflation cooling data could bring a favorable change in sentiment for risky assets. The slowdown in US CPI inflation provides the Federal Reserve with more room to maneuver for rate cuts, which may be the reason why Bitcoin rose after the data was released. BRN analyst Valentin Fournier expressed the same view: "Lower-than-expected inflation data strengthens the case for multiple rate cuts, as investors now expect an 82% chance of three rate cuts before December - a potential major liquidity boost for risky assets, including cryptocurrencies." (Theblock)