The Consumer Price Index (CPI) report is out today, which could have a major impact on the cryptocurrency market. If inflation is higher than expected, there could be increased pressure on the Fed to raise interest rates, dampening risk appetite. If it is lower than expected, it could send markets higher.
Follow the data and its impact on Bitcoin, Ethereum, and other markets!
This analysis is based on current market data and is not financial advice. Always do your own research before making investment decisions.