#CryptoCPIWatch The cryptocurrency market experienced significant losses last week, with the total market value dropping by over $300 billion.

Despite stable trading over the weekend, volatility returned on Monday morning, with a slight increase in activity before price corrections.

Crucial inflation data ahead of the Federal Reserve meeting:

Financial markets are anticipating a set of key inflation reports this week in the United States, which will influence the Federal Reserve's monetary policy decisions at its upcoming meeting at the end of January.

The reports include the Producer Price Index (PPI) on Tuesday and the Consumer Price Index (CPI) on Wednesday, in addition to the retail sales report on Thursday.

This data comes amid rising inflation expectations, which have been reflected in the Purchasing Managers' Index for the services sector and consumer confidence reports.

With inflation continuing above the target level, Federal Reserve officials indicate the possibility of pausing interest rate cuts in the near term.

Therefore, with rising inflationary pressures and ongoing anticipation of monetary policy directions, it is expected that the cryptocurrency markets will remain volatile until the release of key economic data.