According to BlockBeats, the U.S. Consumer Price Index (CPI) data for August is set to be released tonight at 20:30 UTC+8. The market widely expects the year-on-year unadjusted CPI to be 2.9%.
It is noteworthy that following the release of the CPI data in the previous three months (June, July, and August), Bitcoin experienced declines ranging from 9% to 11%.
