According to CoinMeta, Grayscale research leader Zach Pandl stated that the latest U.S. inflation data may have a temporary impact on the crypto market, mainly due to the increased likelihood of the Federal Reserve raising interest rates again. The August Consumer Price Index (CPI) CPI showed that inflation was higher than expected, rising 0.4% month-on-month and remaining at a year-over-year rate of 3.4%. However, the core inflation year-over-year rate dropped to 2.4%, in line with expectations and at its lowest level since 2021. Pandl described this combination as a potential "speed bump" for digital assets. He believes that despite concerns about interest rate hikes, the correction in cryptocurrencies will not be severe, and any weakness may be limited, which could provide another opportunity for investors who missed the significant gains in August to build their positions.