The hottest data for the next 24 hours is the Consumer Price Index (CPI) of the U.S. (inflation). Its imminent release is a crucial event that will shake #bitcoin and the entire market #crypto .

​A higher-than-expected CPI figure would strengthen the Fed's hawkish stance (rate hike), which translates into selling pressure on risk assets like cryptocurrencies. In contrast, a lower CPI would boost hopes for Fed cuts and could act as a strong bullish catalyst. #CryptoNews #TradingSignals