$BTC
Today, the Consumer Price Index (CPI) data from the USA is scheduled to be released, which may impact market expectations regarding the Federal Reserve's upcoming moves.
Possible scenarios:
🔹 If the CPI comes in lower than expected
This could strengthen expectations for future interest rate cuts, which would be positive for cryptocurrencies.
Inflation under control → The Fed may lower rates → Money becomes cheaper → Bitcoin purchases resume!
🔹 If the CPI comes in higher than expected
This could raise concerns about inflation and lead to a drop in cryptocurrency prices.
The Fed may maintain or even increase rates → Money remains expensive → Risky assets become less attractive → Crypto may be sold.
📅 Date and time: May 13, 2025, at 8:30 AM Eastern Standard Time (12:30 UTC / 8:30 AM New York time)
