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May CPI Report Today: Will Bitcoin Crash or Bounce?

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What’s Next for Bitcoin, Ethereum and XRP Price Ahead of the U.S. CPI Report

The post May CPI Report Today: Will Bitcoin Crash or Bounce? appeared first on Coinpedia Fintech News

Today, the entire crypto market is on edge as the U.S. Consumer Price Index (CPI) report is set to be released at 8:30 AM ET. Economists expect annual inflation to climb to 4.2%, its highest level since March 2023. With Bitcoin already struggling near $61,000, stronger-than-expected economic data could put more pressure on the price …

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