According to Crypto Rover (@rovercrc), the US Core CPI data for March 2025 showed a monthly increase of 0.2%, below the expected 0.3%, and a yearly increase of 3.1%, below the expected 3.2%. This lower-than-expected inflation data is seen as bullish for the cryptocurrency market, potentially indicating a favorable environment for crypto investments.

According to Crypto Rover, Bitcoin experienced a significant price increase following the release of U.S. inflation data that was lower than expected. This development suggests a positive market reaction to the news, potentially indicating a shift in investor sentiment towards risk assets like cryptocurrencies.

According to Charles Edwards (@caprioleio), as economic data worsens, Bitcoin becomes more relatively discounted, increasing the likelihood of Federal Reserve easing. Edwards notes that a significant S&P dip, indicated by a VIX close above 30, could signal such conditions, though it's uncertain if this threshold has been reached yet.

According to The Kobeissi Letter, S&P 500 futures surged by as much as +40 points following a jobs report that was almost directly in-line with expectations. This reaction underscores the market's heightened emotional state and elevated levels of fear, suggesting that traders are reacting more to sentiment than to fundamental data. Such conditions may present unique trading opportunities for those who can navigate the market's emotional swings.

According to Miles Deutscher, $BTC has fully retraced its bullish move from the previous day and is currently retesting the $85k level. This movement coincides with the release of the US ISM Manufacturing PMI, which missed expectations, dropping from 50.9 to 50.3, potentially influencing Bitcoin price due to broader economic sentiment. Traders should monitor these levels as they may indicate support or resistance depending on further economic data releases.

According to Omkar Godbole (@godbole17), Bitcoin is currently behaving as a macro asset, reacting to significant economic data and changes in monetary and fiscal policies. Traders are closely watching for Powell's testimony and Wednesday's CPI data, which could influence Bitcoin's price movements.

According to GreeksLive, U.S. initial jobless claims for the week were recorded at 233,000, marking a new low since July 6th. The U.S. economic data has shown erratic behavior this quarter. Despite skepticism about the authenticity of the data, the low jobless claims could influence market sentiment, potentially affecting cryptocurrency trading strategies.