#CryptoCPIWatch #CryptoCPIWatch inflation under the microscope and its impact on the crypto market

The latest data from the CPI (Consumer Price Index) in the U.S. shows a slight deceleration of inflation, which has caused subtle but significant movements in the crypto market. Bitcoin (BTC) and Ethereum (ETH) reacted positively, while investors assess the possible end of the rate hike cycle by the Fed.

These types of macroeconomic indicators are crucial for traders. Controlled inflation could strengthen the narrative of Bitcoin as a store of value.