#CryptoCPIWatch

The most recent CPI report from the US has been released, and the crypto markets are already responding. Bitcoin and Ethereum saw immediate volatility as traders digest what inflation means for interest rate expectations. A hotter-than-expected result could strengthen the dollar and pressure cryptocurrencies, while a softer number could give a boost to BTC and ETH. With macroeconomic forces playing an increasingly important role in the pricing of digital assets, staying updated on inflation data is crucial for every investor. As always, the market is quick to react—don’t get caught off guard. Eyes on the charts and ears on the Fed.