#CryptoCPIWatch Inflation indicators in the USA remain a key indicator for the crypto market. Fresh CPI data affects investor sentiment, determining expectations regarding the actions of the Federal Reserve. In April, inflation slowed down, which gave a boost to Bitcoin and other cryptocurrencies. A decrease in inflationary pressure may signify a pause or a reduction in the interest rate, positively affecting risky assets. Analysts advise closely monitoring the upcoming reports, as they can significantly change market dynamics. In such moments, volatility increases, creating both opportunities and risks. Keep your finger on the pulse of the economy — cryptocurrencies react sensitively to macro data.
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