$BTC

Market Awaits CPI Data Amid Crypto Volatility

As traders await the latest U.S. CPI report, the crypto market is showing signs of cautious movement. Bitcoin (BTC) is hovering around key support levels, while Ethereum (ETH) and other altcoins remain volatile. A lower CPI could signal cooling inflation, boosting hopes for rate cuts and driving BTC upward. However, a hotter-than-expected report might trigger selling pressure. Investors are watching closely, as this data may shape the Federal Reserve’s next move. In such uncertain times, strategic positioning and a long-term view are essential. The next 24 hours could set the tone for the rest of the month.