The hashtag#CryptoCPIWatch highlights the cryptocurrency market's sensitivity to U.S. Consumer Price Index (CPI) data, a key indicator of inflation. Recent CPI reports have shown that higher-than-expected inflation often leads to declines in major cryptocurrencies like Bitcoin and Ethereum, as investors anticipate tighter monetary policies [1] . Conversely, lower inflation figures can boost crypto prices due to expectations of interest rate cuts [2] . For instance, Bitcoin's price fell below $102,400 amid profit-taking ahead of a CPI release, reflecting market caution [3] . Monitoring CPI data is crucial for crypto investors, as it influences market sentiment and potential price movements.
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