#CryptoCPIWatch US CPI Data Release Today: What to Expect and How It Could Impact the Market

At 15:30 (UTC), all eyes will be on the release of the latest US Consumer Price Index (CPI) data. The market is currently forecasting an annual inflation rate of 2.4%, unchanged from March.

Here’s a quick breakdown of the potential outcomes and their implications:

🔴 CPI Above 2.4%

If inflation comes in hotter than expected, markets could react negatively in the short term. A higher CPI reading might signal that the Fed will delay interest rate cuts, which is t

ypically bearish for risk assets, including stocks and crypto.

🟠 CPI at 2.4%

If the data aligns with expectations, we might see a positive reaction from the market. With bullish sentiment already in play, matching the forecast could reinforce current momentum.

🟢 CPI Below 2.4%

A lower-than-expected CPI would likely be the most bullish outcome. It could increase the probability of rate cuts later this year—something that could send Bitcoin and the broader altcoin market higher.

Stay tuned, as this CPI release could set the tone for the next big market move.