#Will US CPI, PPI Data Trigger Crypto Market Volatility This Week?
The US CPI data for May will come this Wednesday with Bloomberg analysts forecasting an acceleration in core inflation to 2.9% annually.
Highlights
US CPI core inflation numbers to surge first time in 2025 driven by Trump tariff war.
Higher-than-expected inflation could dim prospects for Federal Reserve rate cuts ahead of their June 17-18 policy meeting.
Subdued implied volatility for Bitcoin (below 40%) and Ethereum (around 65%), signals market stability.
Key decisions await on the Crypto Market Structure Bill, a spot Litecoin ETF, and the SEC’s "DeFi and the American Spirit" roundtable.
This week could be big for the crypto market as the US reveals May’s data for the Consumer Price Index (CPI) and Producer Price Index (PPI). A Bloomberg report shows that the Trump tariff war has finally hit consumers, with inflation speeding up in May, as businesses pass on the costs to consumers. Apart from observing US CPI, PPI numbers, the cryptocurrency market awaits key decisions on the Crypto Market Structure Bill, spot Litecoin ETF, SEC roundtable on DeFi, and much more.
