This March's US CPI is the first time that the Middle East geopolitical war is fully reflected in inflation data.

The sharp surge in energy prices directly lifts inflation, and because commodity prices naturally fall with a lag, the inflation cooling cycle is significantly prolonged.
The long-awaited mid-year rate cut that the market has high hopes for is essentially completely dashed.

Direct impact on the crypto market:
The Fed’s hawkish stance returns → US Treasuries and the US dollar rise, temporarily suppressing the upside space for crypto prices.
But global geopolitical conflicts + high fiat currency inflation will continue to further reinforce BTC’s role as a digital safe-haven asset.
The bull path isn’t over, but the short-term liquidity bull-market logic pauses, entering a high-level oscillation and position-washing (shakeout) cycle.
Next, closely watch crude oil trends, speeches by Fed officials, and non-farm payroll data—each item directly determines the market direction. #btc #Gate现货衍生品双双冲进全球前三 #原油小幅上涨