Consumer Price Index measures inflation by tracking price changes in goods and services. It's the key data the Federal Reserve uses to decide interest rates.
Why It Matters for Crypto:
High CPI → Rate hikes likely → Bearish for crypto Low CPI → Rate cuts possible → Bullish for crypto
Trading Tips:
✅ Reduce leverage before the 8:30 AM ET release ✅ Expect high volatility in the first 15-30 minutes ✅ Wait for confirmation before entering positions ✅ Compare actual vs. expected numbers for direction