#CryptoCPIWatch Inflation Data Looms for Markets**
Crypto traders brace for this week’s U.S. Consumer Price Index (CPI) report, a key inflation gauge shaping Federal Reserve policy. With Bitcoin and Ethereum hovering near critical levels, hotter-than-expected CPI data could fuel fears of prolonged rate hikes, pressuring risk assets. Conversely, a cooler print might revive bets on a dovish pivot, boosting crypto sentiment.
Recent volatility highlights crypto’s sensitivity to macro trends. A high CPI may trigger sell-offs, testing Bitcoin’s $60K support, while a favorable reading could propel it toward $65K. Altcoins, often more volatile, may mirror Bitcoin’s moves.
As regulatory uncertainty persists, macro catalysts like CPI remain pivotal. Traders should monitor the release for clues on market direction. Stay alert—data-driven swings could define short-term crypto trends.