🚀 While cryptocurrency and traditional market investors await US CPI data, they are focusing on forward-looking indicators that show the potential for a revival in inflation in the coming months. This may damage risky assets. 😱

📈 The US Department of Labor will announce July consumer price index (CPI) data on Thursday. According to the WSJ, the annual inflation rate is expected to rise to 3.3%.

🔍 However, forward-looking indicators show that stagflation is approaching. This situation may have negative effects for risky assets.

🤔 How do you think cryptocurrencies will be affected by this situation? We are waiting your comments! 👇