#CryptoCPIWatch The tag #CryptoCPIWatch is following the impact of US inflation data (CPI) on the cryptocurrency market.

Summary of the report:

Annual inflation in America: 2.4% (in line with expectations).

Core inflation: 3.2% (slight decrease).

This supports the likelihood of a rate cut from the Federal Reserve later.

Impact on cryptocurrencies:

Bitcoin dropped to $102,540.

Ethereum dropped to $2,450.

The market is cautious despite the data meeting expectations.

Technical indicators:

Bitcoin shows a potential technical rise but faces resistance at $106,000.

Ethereum is in a state of consolidation.

Upcoming factors:

Interest rate decisions from the US central bank.

Global trade relations, especially between the US and China.

The decision is up to you $BTC