August CPI is shaping up to be a major test for crypto. Headline CPI is expected to come in around 0.3% MoM, while Core CPI is forecast near 0.2%, with rising oil prices adding some pressure. With the FOMC meeting around the corner, this release could influence how traders position for the next policy decision. For me, the headline number is only part of the story. I’ll be watching the details behind the print and, more importantly, how $BTC responds once the data drops on September 11. If inflation surprises higher, risk assets could face renewed pressure. A softer print could provide some relief and potentially improve sentiment across crypto markets.
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