#CryptoCPIWatch #CryptoCPIWatch Experts suspect that the higher the CPI, the greater the pressure on cryptocurrencies. If the CPI increases and decreases at a significant and rapid pace, it is a sign of volatility in the cryptocurrency market.
Generally, a higher CPI reading is considered positive (bullish) for the USD, while a lower reading is seen as negative (bearish).
When the CPI is rising, it means that consumer prices are also increasing, and when it falls, it means that consumer prices are generally decreasing. In summary, a higher CPI indicates greater inflation, while a falling CPI indicates lower inflation, or even deflation.$
