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). Predictions indicate that annual inflation is expected to remain stable at 2.4%, which could significantly impact cryptocurrency markets.

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

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