#CryptoCPIWatch

**Crypto CPI Watch: Inflation Data Shakes Markets**

The latest U.S. Consumer Price Index (CPI) report has sent ripples through the crypto market, as traders assess inflation’s impact on Federal Reserve policy. Bitcoin briefly dipped below $67,000 after May’s CPI came in at 3.3% year-over-year, slightly above expectations. Analysts suggest persistent inflation could delay Fed rate cuts, maintaining pressure on risk assets like crypto. However, Ethereum and altcoins showed resilience, with ETH holding $3,500 amid growing ETF speculation. Historically, crypto acts as an inflation hedge, but short-term volatility persists as macro uncertainty lingers. Traders now eye June’s CPI and Fed meeting for clearer signals on monetary policy and crypto’s next move.