#CryptoCPIWatch As the U.S. Consumer Price Index (CPI) data release approaches, the cryptocurrency market is experiencing heightened volatility. Bitcoin has dipped below $102,400 due to profit-taking, while altcoins have declined by up to 7% amid investor caution. The CPI, expected at 2.4%, is a critical indicator influencing Federal Reserve interest rate decisions. A lower-than-expected CPI could bolster Bitcoin, potentially pushing it toward $106,000, whereas a higher figure might lead to further market corrections. Traders are advised to monitor the CPI release closely, as it will likely set the tone for crypto market movements in the near term...
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