#CryptoCPIWatch 🧐 What is this CryptoCPIWatch?
It's a way of saying: "Hey, let's see how the crypto world reacts when inflation data is announced!"
Inflation (what prices go up) is measured with something called CPI (Consumer Price Index), and it is published once a month in the U.S.
💥 Why is this important for cryptos?
If the CPI comes out high, it means inflation remains strong → banks may raise interest rates → people get nervous → cryptos (like Bitcoin) may drop.
If the CPI comes out low, it seems inflation is decreasing → there may be rate cuts → markets get excited → the price of cryptos usually rises.
📈 What do traders do?
They pay extra attention before the data comes out.
They watch if Bitcoin goes up or down instantly.
They compare what happens with other assets, like stocks or gold.
🧰 Where do people follow this?
On social media with hashtags like CryptoCPIWatch.
On trading apps like Binance, CoinMarketCap, or TradingView.
On economic news sites or Twitter/X.