• bitcoinBitcoin (BTC) $ 101,580.00
  • ethereumEthereum (ETH) $ 3,409.81
  • tetherTether (USDT) $ 0.999808
  • xrpXRP (XRP) $ 2.39
  • bnbBNB (BNB) $ 952.98
  • usd-coinUSDC (USDC) $ 0.999801
  • staked-etherLido Staked Ether (STETH) $ 3,409.48
  • tronTRON (TRX) $ 0.294538
  • dogecoinDogecoin (DOGE) $ 0.170049
  • cardanoCardano (ADA) $ 0.545099

Why Bitcoin Traders Are Eyeing This Week's Upcoming US Inflation Print

Bitcoin traders are bracing for fresh U.S. inflation data that could steer Federal Reserve policy and dictate the market’s next major move.

🔗 Source

💡 DMK Insight

Inflation data’s looming release is a game-changer for Bitcoin traders right now. With the Fed’s interest rate decisions heavily influenced by inflation metrics, any unexpected figures could trigger significant volatility in crypto markets. If inflation comes in higher than anticipated, we might see a sell-off as traders price in tighter monetary policy, pushing Bitcoin below key support levels. Conversely, a lower inflation reading could ignite a rally, potentially breaking resistance around recent highs. Keep an eye on the Consumer Price Index (CPI) release; it’s not just about Bitcoin but could ripple through equities and commodities too. Institutions are likely watching these inflation indicators closely, and their reactions could amplify market movements. So, whether you’re day trading or holding long, be prepared for swift changes based on the data release.

📮 Takeaway

Watch the upcoming CPI data closely; a surprise could push Bitcoin below support or spark a rally above resistance.

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