The US Federal Reserve's interest rate decisions, whether to cut, raise, or keep rates between 3.5% and 3.75%, in the FOMC meeting in late April, are major worries for global market participants.

Bitcoin (BTC) tagged $73,000 following Friday’s Wall Street open as crucial US inflation numbers came in below expectations. Key points: BTC price seeks new local highs after CPI Data from TradingView showed BTC price eyeing new multi-week highs as markets digested the March print of the Consumer Price Index (CPI).

The Consumer Price Index for All Urban Consumers (CPI-U) increased 0.9 percent on a seasonally adjusted basis in March, after rising 0.3 percent in February, the U.S. Bureau of Labor Statistics reported today.

March's headline inflation rate is projected to increase to 3.4% annually, a significant rise from February's 2.4%, marking the largest monthly gain since June 2022.

The S&P 500 Index ($SPX) (SPY) today is up +0.15%, the Dow Jones Industrial Average ($DOWI) (DIA) is down -0.29%, and the Nasdaq 100 Index ($IUXX) (QQQ) is up +0.35%. June E-mini S&P futures (ESM26) are up +0.

Crypto whales are positioning aggressively ahead of the March CPI print releasing today. Here is what on-chain data reveals.

Gold remains at a crossroads in Friday’s Asian trades, trying to find a clear direction as markets remain cautiously optimistic ahead of the US inflation report and the US-Iran peace negotiations.