#CryptoCPIWatch Bitcoin falls below $102,400 as investors secure profits ahead of the release of inflation data in the U.S. Altcoins also experience declines of up to 7% amid market caution.

The inflation data, which will be released on May 15, could influence the Federal Reserve's monetary policy and, consequently, the crypto market. A higher-than-expected consumer price index (CPI) could limit the Fed's ability to lower interest rates, which would negatively affect risk assets such as cryptocurrencies.

Currently, BTC is trading at $103,729 USD, with a slight decrease of 0.26% in the last 24 hours.

Will this be a temporary setback or the beginning of a deeper correction?