#CryptoCPIWatch Crypto markets are on edge ahead of the US Consumer Price Index (CPI) data release. Key points:

- *Market Volatility*: Bitcoin dropped below $102,000, triggering $730 million in liquidations due to cautious profit-taking.

- *CPI Expectations*: A 2.4% annual inflation rate is forecasted for April. A lower reading could boost market optimism, while a higher figure might strengthen the dollar and pressure crypto prices.

- *Potential Market Reaction*: Despite the current dip, analysts suggest it could set the stage for a bounce to $102,000. Strong institutional demand persists, with over 157,000 BTC acquired in 2024 alone.