Analysts say higher March CPI already reflected in Bitcoin price outlook

Market analysts at 21Shares say the latest rise in the U.S. consumer price index for February was in line with expectations and that higher March inflation readings are already factored into Bitcoin's price. Following the February CPI report, crypto markets, including Bitcoin, remained resilient, while 21Shares strategists see BTC trading between $68,000 and $74,000 in the near term with a possible move toward the $75,000–$80,000 range if key resistance is broken.