#CryptoCPIWatch

#CryptoCPIWatch | Anticipation of Inflation and Its Impact on the Crypto Market

Markets are awaiting the Consumer Price Index (CPI) data due to its direct impact on the direction of the U.S. Federal Reserve and consequently on the performance of digital currencies. Rising inflation suggests a potential monetary tightening, which could pressure Bitcoin and other crypto assets. However, if the numbers come in below expectations, we might witness a market rebound supported by expectations of interest rate cuts.

Crypto investors are closely monitoring, as the relationship between the traditional economy and the cryptocurrency market has become clearer than ever.