#CPI&JoblessClaimsWatch

The traditional market and the cryptocurrency market are becoming increasingly sensitive to U.S. macroeconomic data, especially the Consumer Price Index (CPI) and unemployment claims. The hashtag #CPI&JoblessClaimsWatch perfectly reflects this moment of extreme attention from investors. The CPI indicates inflation and directly impacts interest rate expectations. Meanwhile, unemployment data shows the health of the labor market. If both indicators show economic resilience, the Fed may maintain a tighter monetary policy. Otherwise, it opens the door for interest rate cuts, which tends to benefit risk assets like cryptocurrencies.