U.S. CPI Rises, Bitcoin Surges; Crypto Market Sees Positive Reversal

The U.S. Consumer Price Index (CPI) report for March has been released by the Bureau of Labor Statistics, revealing inflation at 2.4% year-on-year, exceeding market expectations of a 2.5%. This news impacts both the broader US economy and the crypto space. With CPI matching projections, the monthly CPI saw a drop of 0.4%, marking a decline from February’s 0.2%. [Include links to official data source if possible] .