🔥 PPI & CPI This Week: Is a Big Storm Coming for Crypto?
The crypto market this week faces a major challenge as PPI and CPI data is released. These are two key indicators that reflect inflationary pressures and the monetary policy direction of the Fed.
If the data cools down, risk capital could explode, driving BTC and ETH up sharply, with altcoins benefiting from the beta wave. Conversely, hot data will lead to rising bond yields and USD, creating short-term selling pressure.
According to you, will this CPI open a new bullish wave for crypto, or will it be a "shock" that causes the market to shake strongly?