#CryptoCPIWatch
The #CryptoCPIWatch index has returned to play an important role during this period, especially after the release of U.S. inflation data. The relationship between inflation and the crypto market has become clearer, where we see rising inflation putting pressure on the market and increasing investors' concerns about upcoming monetary policies.
If inflation continues to rise, we might see a direct impact on the price of $BTC and other currencies, especially with expectations of interest rate hikes again. However, if the data is positive, it could support an upward movement. The market is very sensitive to these indicators, which is why it is important to regularly monitor economic indicators.
#CryptoCPIWatch #Economic_Analysis #Smart_Trading #سوق_الكريبتو