Bitcoin $BTC briefly pushed above $88,000 after the latest CPI report showed easing U.S. inflation, giving risk assets a short-term boost.

The move grabbed attention, but it didn’t come with strong follow-through. While lower inflation is a positive signal, traders are still cautious, and the market lacks the kind of demand needed for a sustained rally right now.

As usual, macro data played its part, but it’s not the whole story. With volatility still high, attention is already shifting to what comes next from upcoming economic releases to any signals that could bring fresh confidence back into the market.