#CryptoCPIWatch Today's CPI Forecast

At 15:30, the US inflation report (CPI) will be released. The inflation rate is expected to be 2.4%, the same as in March.

✔️ Here are the possible scenarios:

🔴 1. CPI above 2.4%

This would negatively impact the market in the short term, especially considering that previous data was below expectations. Higher than expected inflation could delay interest rate cuts, which is bad for risk assets.

🟠 2. CPI at 2.4%

In this case, the market is likely to rise as overall bullish sentiment remains.

🟢 3. CPI below 2.4%

This is the best-case scenario that could push Bitcoin and Altcoins higher. Lower than expected inflation will increase the likelihood of interest rate cuts this year.

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