U.S. CPI data just dropped, and crypto traders should pay attention.

Year-over-year inflation came in at 2.7%—matching expectations and holding steady from the previous reading. Core CPI also held the line at 2.6%, but here's the key: it came in cooler than the anticipated 2.8%.

Why does this matter for your portfolio? Softer-than-expected core CPI could shift Fed policy expectations, which typically ripples through crypto markets. Lower inflation pressure might mean fewer rate hikes on the horizon, potentially supporting risk assets including Bitcoin and altcoins. Keep an eye on how markets react to this data over the coming sessions.