CPI data, as a key indicator of inflation in the United States, significantly impacts Bitcoin prices in the short term by influencing market expectations of the Federal Reserve's monetary policy. If the CPI is higher than expected, the market will worry that the Federal Reserve will maintain high interest rates or delay rate cuts, leading to a stronger dollar and tightening liquidity, usually resulting in a short-term fall in Bitcoin; conversely, if the CPI is lower than expected, rising expectations for rate cuts will weaken the dollar's attractiveness and boost risk appetite, driving Bitcoin higher in the short term. This effect is often accompanied by market fluctuations of "buy the expectation, sell the fact," making CPI an important catalyst for triggering severe price fluctuations in cryptocurrencies. #美联储降息预期#