#CryptoCPIWatch The U.S. Bureau of Labor Statistics (BLS) is set to release its Consumer Price Index (CPI) report for February on Wednesday at 12:30 GMT, which will provide critical insight into inflation trends. Market analysts expect a slight decrease in inflation, which could impact the Federal Reserve's policy, the U.S. dollar, and risk assets such as cryptocurrencies.

The overall CPI inflation rate is expected to be 2.9% year-on-year (YoY), down from 3.0% in January, marking the first back-to-back decline in core and overall inflation since July 2024. The core CPI inflation rate, which excludes food and energy, is projected to be 3.2%, down from 3.3%.