1️⃣. Impact of Inflation (CPI and Core CPI):
• The Core Consumer Price Index remained stable at expectations, while the monthly price index slightly exceeded expectations.
• This indicates that inflationary pressures are still relatively under control, reducing the likelihood of a surprise interest rate hike by the Federal Reserve.
2️⃣. The U.S. Labor Market (Unemployment Claims):
• Higher-than-expected jobless claims reflect relative weakness in the labor market, which is negative news for the dollar and increases the likelihood of future interest rate cuts.
3️⃣. Direct impact on cryptocurrencies:
• Bitcoin and major cryptocurrencies receive partial support, as investors may resort to hedging against inflation or investing available liquidity.
• Moderate volatility in the market is expected in the coming hours, with a balance between positive pressures (weak dollar) and potential negative pressures (accelerating monthly inflation).
• Small alternative currencies may move limitedly unless additional catalysts or new market news emerge.
🔍Summary:
The digital market is currently in a phase of moderate fluctuation with potential upward bias, supported by stable inflation and weak labor market data, but without a strong buying wave until additional catalysts appear.

