#CryptoCPIWatch #CryptoCPIWatch #CryptoCPIAlert The crypto market is gearing up for the US Consumer Price Index (CPI) data release, which could shake things up. Bitcoin recently hit $105,700 but dropped 3% as some traders cashed out near the $106,000 resistance. The $100,000 level is a big deal, with over $3.4 billion in bets at risk if prices fall.
What to Keep an Eye On:
US CPI Data: Lower-than-expected numbers could spark a crypto rally, but higher numbers might boost the dollar and push crypto prices down.
