#CryptoCPIWatch The crypto market is keenly awaiting the US CPI data for April, due today at 6:00 PM IST. Expectations are for headline inflation to match March's 2.4% YoY, with core inflation also steady at 2.8%. A weaker CPI could boost crypto by hinting at Fed rate cuts, while stronger data might trigger sell-offs. Recent minor price dips reflect traders' caution pre-release. Keep an eye on the numbers; they could inject volatility into Bitcoin and altcoins. This economic indicator is a key focus for understanding near-term market direction.