Today’s a key day for markets — the U.S. CPI data drops at 8:30 AM ET (12:30 UTC), and it could set the tone for crypto in the short term.
Here’s what I’m watching: 🔹 Lower-than-expected CPI?
Could fuel optimism around possible Fed rate cuts. Lower inflation = more room for easing = liquidity boost = bullish for Bitcoin, ETH, and the broader crypto market.
🔹 Higher-than-expected CPI?
Could trigger fears the Fed might stay hawkish. Sticky inflation = tighter policy = risk-off mood = potential pressure on crypto prices.
Let’s see how the numbers shake out!