The impact of this type of data is usually indirect and passes through the gate of "the dollar" and "interest":
Stability of spending (cautiously positive): Since the number came in as expected (0.5%), this provides stability for the markets. There are no shocking surprises that could suddenly force the American central bank (Federal Reserve) to change its plans.
The strength of the economy and the dollar: Continued spending at a rate of 0.5% means the American economy is "active". Historically, when the economy is strong, the dollar tends to be strong, which may put slight (downward) pressure on Bitcoin because the relationship between them is often inverse.
Inflation: If spending continues to rise excessively in the future, investors may fear a return of inflation, which could prompt the Fed to raise interest rates or delay cuts, which is negative for cryptocurrencies as investors prefer safe financial instruments.
