US CPI Drops in Minutes August inflation is out at 8:30 a.m. ET. Consensus is 3.4% year-over-year, unchanged from July. The monthly headline is expected at +0.4% after July’s +0.1%, largely on a rebound in gasoline. Core CPI is the number that matters more for the Fed. Street is looking for +0.2% month-over-month and about 2.4% year-over-year, down from 2.5%. This print lands days before next week’s FOMC. Markets have already leaned toward a possible hike after a firm PPI. A hot core reading would firm that view. A clean 0.2% or softer would keep the decision more open. Bitcoin is sitting near $77k into the release. First reaction will be in yields and the dollar. Crypto follows that, not the headline by itself. Watch core, not just 3.4%. #BTC Price Analysis# #Bitcoin Price Prediction: What is Bitcoins next move?# #Altcoin Season# $BTC $XRP