#CryptoCPIWatch

CPI Forecast: Inflation in the U.S. is expected to be 2.4–2.5% year-over-year for April. If the actual data is lower than expected, this could strengthen expectations for interest rate cuts by the Federal Reserve, positively impacting cryptocurrencies.

Market Reaction: Historically, lower inflation figures have contributed to rising prices for Bitcoin and other cryptocurrencies, as investors view them as a hedge against inflation and an alternative to traditional assets.