#CryptoCPIWatch The US Consumer Price Index (CPI) data is being closely watched today, and its impact on the crypto market is significant. Here's what's happening:
*CPI Data Release*
- The CPI report is scheduled for release today at 8:30 AM ET.
- Analysts expect the Inflation Rate Year-over-Year (YoY) to be 2.9%, down from 3.0%.
- Core Inflation Rate YoY is expected at 3.2%, slightly lower than the previous 3.3% ¹.
*Impact on Crypto Market*
- Bitcoin's price has been affected by macroeconomic trends, including a strengthening US dollar index and expectations around the US-China trade deal.
- A softer CPI print could boost bullish momentum, potentially driving prices higher, while a higher-than-expected number might strengthen the dollar and weigh on crypto prices.
- Bitcoin's Relative Strength Index (RSI) has formed a bullish divergence, signaling potential upside despite recent price declines ² ³.
*Market Sentiment*
- Institutional demand for Bitcoin remains strong, with corporations acquiring over 157,000 BTC in 2025, driven by MicroStrategy-style accumulation strategies.
- ETFs have also reinforced Bitcoin's dominance, with $934 million in net inflows over the past month ².