The Bitcoin price rose by 1% to around 84,000 USD after the Consumer Price Index (CPI) for February showed a lower inflation rate of 2.8%. This is down from economists’ expectations of 2.9%. The decrease in core inflation to 3.1% reflects improving economic conditions.

President Trump’s fluctuating trade policies have contributed to market volatility, even though inflation still outpaces the Federal Reserve’s 2% target. The Federal Reserve is closely monitoring inflation trends, which could affect future economic projections and interest rates.