#CryptoCPIWatch Cryptocurrency markets are showing caution as investors await the latest report on the Consumer Price Index (CPI) in the United States. 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%, which aligns with last month's data. A lower reading could raise hopes for a reduction in interest rates by the Federal Reserve, potentially pushing Bitcoin above the $106,000 mark. However, a higher inflation rate could trigger further selling.