U.S. March CPI data already priced into Bitcoin, analysts say

The upcoming U.S. consumer price index (CPI) for March has already been priced into Bitcoin, Cointelegraph reported, citing multiple analysts. The report notes that while the March CPI is expected to exceed forecasts, risk asset markets, including BTC, have shown relatively little movement. This stability suggests the market has already accounted for a potential rebound in inflation. The fundamental market belief that the Federal Reserve will cut interest rates is unlikely to be shaken, provided the inflation figures do not deviate significantly from expectations. However, some experts believe that if core CPI remains high, the Fed might delay its rate cuts until the second half of the year, the report added.