Apparently, tariff did not impact the CPI at all.
CPI came out and it was lower than the market anticipation.
From here, we would be likely to see massive rally for both BTC and Altcoins.
What is everyone thinking about what would happen for next few months in crypto market?
Most people expected these numbers for the CPI data. Actually the problem is that these CPI data good or bad reflects how the economy few month back and hence the tariff hits weren't reflected in it in true sense. We never know if the next CPI data may be higher than this one and by then we may see the tariffs' effects on the economy in actual numbers. However, with the current CPI data, it is very likely that the fed will announce the interest rate in the next fomo meeting based on this data. So for the short and mid term, we are bullish for Bitcoin.