#CryptoCPIWatch #CryptoCPIWatch:

Bitcoin is trading around $103,464 as the market awaits the U.S. CPI data release today. Analysts expect a 2.4% year-over-year inflation rate, matching March's figure. A higher-than-expected CPI could trigger fears of Fed rate hikes, possibly pushing Bitcoin downward. However, if inflation stays at or below expectations, it may boost investor confidence, supporting Bitcoin’s upward trend. The crypto market has shown strength recently, with BTC rallying above $105K after easing U.S.–China tariffs. Still, CPI results remain a key driver. Traders are watching closely, as today’s inflation data could dictate Bitcoin’s next major move—upward or downward. Stay tuned for updates.