CPI data hits new low but digital assets remain unmoved, Kraken Exchange reports

CPI data hits new low but digital assets remain unmoved, Kraken Exchange reports
Crypto unmoved by soft CPI data

Cryptocurrency markets showed little reaction following the release of the softest Consumer Price Index figures since 2020, according to Kraken Exchange.

Industry participants had anticipated price movement in response to the new data, but digital asset prices largely remained unchanged. Kraken Exchange is set to host a live discussion at 12PM ET featuring Dentoshi and Matthew Barby, offering in-depth analysis on macroeconomic signals and their impact on the crypto sector.

Kraken Exchange has expanded its offerings in recent months, launching the Kraken Card with up to 2 percent cashback in Bitcoin or cash. The company also secured full MiCA and MiFID compliance as new European Union crypto regulations took effect. These moves have positioned Kraken to strengthen its regulated trading services.

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