CryptoWorld News reports that, according to CoinDesk, after the release of the U.S. March inflation data, Bitcoin prices slightly strengthened. Overall, the March CPI increased by 0.9% month-over-month and 3.3% year-over-year, meeting expectations, mainly driven by a sharp rise in energy prices due to the Iran situation. Before the data was released, Bitcoin prices fluctuated narrowly around $72,000. After the data was announced, prices remained above that range. Previously, due to the Middle East situation and soaring oil prices, market expectations for a Fed rate cut this year have significantly cooled, and it is currently widely expected that interest rates will remain unchanged in the short term.

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