BTC price bulls, forget the official stats, U.S. inflation is crashing: Crypto Daybook Americas

The Truflation index, a real-time, blockchain-based tracker of U.S. Consumer Price Index (CPI) changes, has dropped below 1% for the first time since early 2021, falling significantly below the Federal Reserve's 2% target. This rapid disinflation contrasts with official government readings and supports the argument for quick interest-rate cuts by the Fed, which is beneficial for liquidity-sensitive assets like Bitcoin. Cathie Wood of Ark Invest noted that inflation could even turn negative, contrary to forecasts from firms like BlackRock and PIMCO. Despite this positive macro signal, Bitcoin was trading around $78,000 at press time, with analysts remaining optimistic about long-term prospects driven by institutional adoption and tokenized real-world assets. The article also provided market movements, ETF flows showing a $561.8 million net inflow into spot BTC ETFs, and upcoming events for February 3rd.

(Source：CoinDesk)