CRYPTO ON EDGE: CPI DROP INCOMING!
The crypto scene’s heating up as everyone’s watching for the next big move — yep, CPI data is about to drop.
So, what’s the deal?
Bitcoin slid under $102K recently, and boom — over $730M got wiped out in liquidations. Traders are locking in gains before the CPI hits. Classic pre-news jitters.
CPI — Why Should You Care?
Markets are expecting April inflation to land around 2.4%. If it’s lower? We could see crypto bounce back hard. If it's hotter? The dollar gets a boost, and crypto might take another hit.
Where’s Bitcoin Headed?
Some analysts think this pullback is just a reset — and BTC could aim for $105K again real soon. Meanwhile, big players are still loading up: over 157K BTC scooped up by institutions this year alone.
What’s Next?
All eyes on the CPI numbers. Will it pump or dump the market? We’re about to find out.
BTC dropped under $102K
CPI data dropping soon — expected at 2.4%
Caution in the air, but long-term demand is still strong.
Watch this space — it’s about to get interesting.
