Muhaz

#CPIWatch Crypto Braces for CPI Amid Inflation Data Doubts All eyes are on Friday’s US CPI release, with crypto traders watching closely for signs on inflation and interest rate direction. Economists expect headline CPI to rise 0.2% month-on-month, lifting the annual rate to 3.1% in October, while core CPI likely holds steady at 0.4%. However, analysts warn the figures may be unreliable due to data collection disruptions from the US government shutdown. Concerns from Morgan Stanley, RBC, and BlackRock suggest this month’s report may rely heavily on estimated data, clouding the Fed’s inflation outlook ahead of its next meeting. A stronger-than-expected print could delay rate cuts and pressure risk assets, while softer data would boost easing expectations. Bitcoin remains tightly linked to macro signals: it has typically gained when CPI meets forecasts but slipped when readings surprise. Traders see this release as a test not only of inflation’s trajectory but of the data’s credibility itself. CPI data release: Friday, Oct. 24 at 12:30 UTC.