#CryptoCPIWatch Bitcoin is trading around $102,696, experiencing a pullback from recent highs amid investor caution ahead of the U.S. Consumer Price Index (CPI) release. The CPI data, expected to show steady inflation at 2.4% year-over-year, could significantly influence crypto markets. A lower-than-anticipated CPI may bolster Bitcoin's price by increasing expectations for Federal Reserve rate cuts, potentially pushing BTC above $105,000. Conversely, higher inflation figures could strengthen the U.S. dollar, leading to further declines in Bitcoin and altcoins. Traders are closely monitoring these developments, as the CPI release could set the tone for crypto market movements in the near term.