$BTC

The market awaits the CPI data amid cryptocurrency volatility

As traders anticipate the latest U.S. CPI report, the cryptocurrency market shows signs of cautious movement. Bitcoin (BTC) remains around key support levels, while Ethereum (ETH) and other altcoins continue to be volatile. A lower CPI could signal a cooling of inflation, raising hopes for rate cuts and pushing BTC upwards. However, a hotter-than-expected report could trigger selling pressure. Investors are watching closely, as this data could define the next move of the Federal Reserve. In such uncertain times, strategic positioning and a long-term perspective are essential. The next 24 hours could set the tone for the rest of the month.