#CryptoCPIWatch
What is CPI in crypto?
About Crypto Price Index
The CPI coin is essentially a governance token, which is used to represent an interest in the health of the CPIX token ecosystem.
Who gives CPI data in India?
Who release the Consumer Price Index (CPI) for India? CPI is mostly released by The National Statistical Office (NSO), Ministry of Statistics and Programme Implementation (MoSPI).
Is CPI data good for crypto?
Experts suspect that the higher the CPI, the higher the pressure on cryptocurrencies. If the CPI increases and decreases at a significant and quick rate, it's a sign of volatility in the crypto market. We can compare the value of cryptocurrency, like Bitcoin, to the US CPI.
Who finds CPI?
The Bureau of Labor Statistics (BLS or the Bureau) has for some time used a cost-of-living framework in making practical decisions about questions that arise in constructing the CPI.
