#CryptoCPIWatch

It is expected that the CPI will be 2.4% on a year-over-year basis, which corresponds to the previous indicator.

Traders are closely monitoring this data as it may affect the future monetary policy of the Federal Reserve. Lower-than-expected figures may be interpreted as a signal for potential policy easing, which could positively impact risk assets, including cryptocurrencies. Conversely, higher-than-forecasted data may lead to a strengthening of bearish sentiments.

Volatility in the crypto market may increase after the CPI publication, as investors attempt to assess its impact on the Fed's future actions and the overall economic situation.