Caching results from API

Hi, I'm currently working on a project where I get data from an API (https://www.robotevents.com/api/v2), process the data, and return it to the browser. I was wondering about how I could cache the results from the API because if the website has let's say 5000 users then the API won't be able to handle all of those, so I want to cache the data somewhere and update it every 24 hours or so. Do I use something like Deno KV for this and then when the server get's a request it checks if data is already in that database and returns it. Also, how do I call the API every 24 hours?

Thank you for your help.