#CryptoCPIWatch

Cryptocurrency markets are showing caution as investors await the latest consumer price index (CPI) report in the US. Bitcoin has decreased by 2% to $101,727, while Ethereum has dropped by 3.5% to $2,428. The CPI is expected to show an annual inflation rate of 2.4%, consistent with last month's data. A lower figure could raise hopes for a reduction in interest rates by the Federal Reserve, which could potentially push Bitcoin above the $106,000 mark. However, a higher inflation rate could trigger further selling.