Despite the US inflation rate falling to its lowest level in three years, financial markets have not yet reacted even though investors are hoping for a possible interest rate cut by the Federal Reserve. Especially in the cryptocurrency market, it has basically not been affected by this news, with cryptocurrencies like bitcoin quickly recovering their upward momentum after a brief decline. The cryptocurrency market has had a lukewarm response to the inflation report, partly due to investors' increasing interest in the bond market and the brewing storm of the US presidential election. Harris's strong performance in the recent debate has reignited hopes for the Democratic Party winning the White House, which is seen as a possible sign of dovish monetary policy. On the other hand, if Trump wins re-election, it could increase government spending and bring upward pressure on interest rates. US Treasury bond yields have been hit hard by the change in investor sentiment, and this sudden shift in market sentiment indicates a significant change in investor attitudes, exacerbating pessimism about the economy and the widespread expectation of falling borrowing costs. Market observers say caution still dominates the market sentiment. Investors are restraining themselves and choosing to wait for clearer signals before readjusting their investment portfolios.