🇺🇸 U.S. CPI is the number I’m watching today.
The August inflation report is due at 8:30 AM ET, with headline CPI expected around 3.4% YoY, matching July’s reading.
What caught my attention is that the market isn’t just waiting for “3.4% or not.” After yesterday’s hotter PPI data and with the Fed’s next meeting coming up, even a small upside surprise could change rate expectations quickly.
For crypto, I’d be watching $BTC first, then the broader market reaction.
A cooler-than-expected nu...
One number could flip the entire crypto market: CPI.
If inflation comes hotter than expected, Fed easing hopes could fade — pushing yields and the dollar higher while putting pressure on BTC and other risk assets.
But a cooler CPI could change the game, boosting confidence and bringing buyers back into crypto.
The real signal won’t just be the headline.
Watch BTC’s reaction.
CPI beats expectations and BTC dumps, then quickly recovers? That strength matters.
CPI looks bullish, BTC pumps, bu...