#CryptoCPIWatch #CryptoCPIWatch: Bitcoin dipped below $102,400 today as traders booked profits ahead of the U.S. CPI report, reflecting market caution amid inflation concerns. Altcoins followed suit, with some declining up to 7%. The upcoming CPI data is pivotal; a softer-than-expected reading could bolster crypto markets by increasing the likelihood of Federal Reserve rate cuts, while a higher figure might exert further downward pressure. Investors are closely monitoring these developments, as inflation trends significantly influence crypto valuations. Stay informed as the market reacts to these critical economic indicators.