#CryptoCPIWatch
With the release of the new CPI (Consumer Price Index) report in the US scheduled for this week, the cryptocurrency market is on watch mode. Inflation data has been highly influential in the Fed's decisions, and any deviation from the expected could directly affect the prices of assets like $BTC.
In the current scenario, investors are showing caution, waiting for the data before making large-volume decisions. Bitcoin remains around $62,000, showing resilience, but any surprise in the CPI numbers could cause immediate volatility. Stay tuned for the next movements!