#CryptoCPIWatch
The CPI forecast for April is expected to be at 2.4% compared to the same period last year. If the data is lower than expected, it could boost expectations for a Fed rate cut, supporting Bitcoin prices. Conversely, a higher-than-expected CPI could put downward pressure on the cryptocurrency market.
The CPI forecast for April is expected to be at 2.4% compared to the same period last year. If the data is lower than expected, it could boost expectations for a Fed rate cut, supporting Bitcoin prices. Conversely, a higher-than-expected CPI could put downward pressure on the cryptocurrency market.