On March 13, it was reported that the year-on-year growth rate of the US CPI in February fell to a new low since November last year. The year-on-year growth rate of the core CPI hit the lowest level in four years. Inflation was lower than expected across the board, easing concerns about "stagflation". Traders raised interest rate cuts and market risk appetite increased. According to 4E monitoring, the performance of the three major indices of US stocks diverged: the Dow closed down 0.20%, the S & P 500 rose 0.49%, the strong rebound of technology stocks drove the Nasdaq index up more than 1.2%, Tesla rose more than 7%, and Nvidia rose more than 6%. However, the market is still worried that the slowdown in inflation may be temporary. The three consecutive declines of the Dow and the limited gains of the S & P reflect market caution. The crypto market picked up, Bitcoin rose to $84,539 in the moment when the CPI was released, and then fell back to the vicinity of $80,000 to gain support. After that, it continued to rebound. The writing has now stood at $84,000, an increase of 2% in 24 hours. Most other mainstream tokens rose slightly, Ethereum was still low, striving to stand above $1,900, BNB was boosted by Abu Dhabi's $2 billion investment up 4.95%.