#CryptoCPIWatch The #CryptoCPIWatch hashtag is trending as the latest Consumer Price Index (CPI) data release looms, with significant implications for the crypto market. Analysts expect April’s CPI to rise 0.3% month-over-month, following a decline in March, potentially signaling persistent inflation pressures. Bitcoin, currently at $102,428.98, has shown resilience, holding above $100,000 despite a 0.35% daily dip. The crypto market is on edge, as higher-than-expected CPI could trigger tighter Federal Reserve policies, impacting risk assets like cryptocurrencies. Investors are closely monitoring this data, alongside trade deal developments, for cues on Bitcoin’s next move and broader market sentiment.
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