#CryptoCPIWatch crypto assets like gold and silver have a very strong correlation with inflation rate and interest rates. The inflation rate means interest rates might rise or at least the FED reserve will keep the interest rate steady. CPI (consumer price index) or inflation rate measures the change in prices in terms of month over month or year over year. If the prices are rising in the economy the inflation rate will rise which points to strong business activity with high demand and low supply. Higher prices make it difficult for the middle class and lower class of the populace to meet their ends. To counter this inflation, interest rates are raised so that the business activity might slow down and the prices or inflation figures come down too.

At present if the inflation figures might jump, the FED reserve might be forced in their next meeting to increase the interest rates, which will be bullish for the crypto market. and if the inflation falls below expectations , the FED reserve might keep the interest rates steady or even reduce it.

CPI figures today are of utter importance to judge the coming decision of FED reserve.

altcoins at lower prices under such conditions should be bought. $SOLV

note: please do your own research before investing.