#CryptoCPIWatch The crypto world is buzzing with excitement as investors eagerly await the US Consumer Price Index (CPI) data release 📊. Let's break it down in simple terms:
*📉 What's Happening in the Market?*
Bitcoin's value recently dipped below $102,000, causing over $730 million in liquidations across crypto markets 💸. This downturn is partly due to investors taking profits before the CPI data release 🤔.
*📊 What to Expect from CPI Data?*
The CPI data is expected to show a 2.4% annual inflation rate in April 📈. If the reading is softer than expected, it could boost