The U.S. Consumer Price Index (CPI) data is set to release today. Market consensus expects 2.5%, compared to last month’s 2.3% reading. If inflation ticks higher, it could disrupt the recent trend of easing price pressures.
🔎 What to Watch:
🔴 CPI > 2.5%:
Expect a market sell-off as the probability of a Fed rate cut diminishes.
🟠 CPI = 2.5%:
A mild dip may occur, but sentiment remains strong—buy-the-dip behavior likely.
🟢 CPI < 2.5%:
Expect a pump-and-dump, but markets should end in green.
📌 Key Insight:
Unless inflation comes in above expectations, bullish momentum is likely to continue—especially for major cryptocurrencies like $BTC, $ETH, and $XRP.