#CryptoCPIWatch Today all eyes are on the U.S. CPI data, which directly impacts the crypto market. The Consumer Price Index (CPI) for April has shown a slight moderation, with a year-on-year figure of 3.4%, down from 3.5% in March. This data is key for the crypto ecosystem, as controlled inflation could curb future rate hikes by the FED, fueling the appetite for risk assets like Bitcoin and altcoins.

The market has already reacted positively, with BTC recovering the $101,500 level and some altcoins showing bullish momentum.

This #CryptoCPIWatch is a sign that the macroeconomic environment may favor a crypto rally in the short term.