This probably didn't have much of an effect on bitcoin's price and is just two things happening at once.
I think US monetary policy has been speculated to be maintaining an inflation of about 8% so this could be that just catching up. Surely inflation dollars being reported as high would be a good thing for crypto too as there's extra cash moving through the economy.
That's an interesting way of viewing the current situation. Yup, I can clearly see how the USD price is going up, and it's particularly beneficial for freelancers paid in USD like me, so I keep track. And because I'm getting more than what I was expecting from projects I accepted weeks ago, I am planning to use the excess to buy crypto. I bet other people like me have the same idea too. So this makes sense.