According to @truflation, the Truflation index started May 2024 at 1.35% and jumped sharply to 2.06% by the end of the month, indicating a notable rise in inflation pressure. Truflation data often precedes official CPI releases by 1–2 reporting periods, suggesting that upcoming CPI numbers may also trend higher. For crypto traders, this early inflation uptick could impact Bitcoin and other digital assets, as investors may seek inflation hedges. Monitoring these inflation signals is crucial for anticipating potential volatility and positioning in the crypto market (Source: @truflation, Twitter, June 2024).