#CryptoCPIWatch The data on the U.S. Consumer Price Index (CPI) represents a crucial barometer for today's crypto market. A higher than expected CPI signals persistent inflation, fueling fears of restrictive monetary policies from the Federal Reserve. This often triggers sell-offs in the crypto market, considered a risk asset.

Conversely, a lower than expected CPI suggests cooling inflation, which could lead to a more accommodative monetary policy. Such a scenario tends to stimulate interest in risky assets like cryptocurrencies, potentially triggering price increases.