#CryptoCPIWatch
Crypto CPI Watch refers to closely monitoring the Consumer Price Index (CPI) and its impact on cryptocurrency markets. The CPI measures inflation by tracking changes in the prices of consumer goods and services. When CPI data signals rising inflation, cryptocurrencies like Bitcoin are often viewed as a hedge, attracting investors seeking to protect their wealth. However, higher CPI can also prompt central banks to raise interest rates, strengthening fiat currencies and potentially reducing crypto demand. As a result, CPI releases often trigger volatility in crypto prices, making CPI days key events for traders and investors to watch
