According to Mihir (@RhythmicAnalyst) on Twitter, the Fed's preferred inflation indicator showed no reduction for May 2025, signaling persistent inflationary pressure (source: https://twitter.com/RhythmicAnalyst/status/1928434172281991390). This data point is crucial for traders as it suggests the Federal Reserve may delay interest rate cuts, increasing uncertainty and potential volatility across both traditional and crypto markets. Persistent inflation often leads to tighter monetary policy, which can weigh on risk assets like Bitcoin and Ethereum, prompting traders to monitor policy updates and inflation trends closely.