$BTC Bitcoin

The significant rise of Bitcoin

The control and dominance of customer data in the inflation market and the correlation between them

Investors are awaiting the announcement of the Consumer Price Index (CPI) data for April in the United States, scheduled to be released at 8:30 AM Eastern Time (3:30 PM Yemen Time). Expectations indicate that annual inflation will stabilize at 2.4%, which could significantly impact cryptocurrency markets.

📈 If the data comes in lower than expected, it could bolster hopes for easing monetary policies, driving cryptocurrency prices, such as Bitcoin, upward. Conversely, if the data shows higher inflation, it could lead to market volatility and selling pressure.

How do you expect today's inflation data to affect your investments in cryptocurrencies? Do you think it's a good time to enter or exit the market?$BTC