According to @CryptoMichNL, today’s CPI was a "nothing burger" with limited market impact (source: @CryptoMichNL). He states rates are in a strong downtrend and have already peaked (source: @CryptoMichNL). He adds the Federal Reserve will need to cut interest rates to stimulate the economy, implying further decline in yields (source: @CryptoMichNL). He compares the setup to Q1 2020 and says the bull market is now here for altcoins, suggesting a risk-on tilt in crypto markets (source: @CryptoMichNL).