#CryptoCPIWatch The cryptocurrency markets experienced a period of cautious waiting today with the release of CPI data, which is one of the main economic indicators measuring the inflation rate and showing price changes for goods and services.

In light of this data, Bitcoin (BTC) recorded a decline of -2.67%, amid fears of rising inflation rates and their impact on liquidity and investments in digital assets.

Investors are increasingly relying on #CryptoCPIWatch to track inflation movements, as any reading above expectations means pressure on the markets, while lower figures could offer cryptocurrencies a chance for recovery.

The impact of inflation is not limited to traditional markets but also plays a crucial role in determining investor trends towards cryptocurrencies, whether through buying as a hedge or disengaging to avoid risks.

Do you think inflation remains the biggest threat to the cryptocurrency market? Or are there other factors leading to volatility?

Share your analysis with us.