The CPI date released today at 6PM(IST).
Last month CPI data 2.3%(May).
So, if the CP| value increases, it means that inflation is increasing. Then the Federal Reserve (FED) of the United States raises bank interest rates. That is good for the dollar, but not good for BTC.
If the CP| value decreases, it means that inflation is decreasing, and then the FED lowers bank interest rates. That is not good for the dollar, but good for BTC.
