Today's CPI Forecast – Key Market Catalyst Ahead (15:30 GMT+5)
The U.S. Consumer Price Index (CPI) data drops today, with the inflation rate expected to remain at 2.4%, same as last month. This report could significantly impact the markets — especially Bitcoin and altcoins.
Here’s what to watch for:
🔴 1. CPI Above 2.4%
Impact: Bearish
A higher-than-expected reading could shake markets. It would suggest inflation remains sticky, likely delaying rate cuts — a negative signal for risk assets including crypto.
🟠 2. CPI Exactly at 2.4%
Impact: Neutral to Slightly Bullish
Markets may hold steady or rise modestly, as this matches expectations and supports the current bullish momentum.
🟢 3. CPI Below 2.4%
Impact: Bullish
The best-case scenario. Lower inflation increases the probability of rate cuts this year — a green light for both Bitcoin and altcoins.
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Stay sharp. This data could set the tone for the next major move.
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