🇮🇳 India CPI just printed 4.82% for August—slightly hotter than the 4.8% consensus.

Not a massive miss, but enough to keep RBI on edge. Higher inflation = tighter liquidity = less risk appetite flowing into crypto.

Watch how this plays into emerging market capital flows. If India's macro stays sticky, expect continued pressure on local retail demand for alts and stablecoins.

Macro matters. Always.