Good news for Bitcoin and the economy! Inflation in the US is slowing down, which means the Federal Reserve might lower interest rates soon. This could be good for investments like Bitcoin.
- Inflation is going down, which is better for the economy.
- Bitcoin's price went up after the news, rising over 1% to about $84,100.
- The Federal Reserve might lower interest rates, possibly helping the economy and Bitcoin.
| Item | Number/Fact |
|---|---|
| Bitcoin's price after news | ~$84,100 |
| February inflation increase | 0.2% |
| Chance of Fed rate cut in May | ~40% |
