#Upcoming CPI Data Release#


The crypto market braces for turbulence as the U.S. CPI report drops today at 12:30 GMT, a critical catalyst for Fed policy signals. Bitcoin currently hovers near $101,847, down 2.6% in 24hrs after a sharp 5.8% dip to $100,833 triggered $260M in liquidations . Traders remain cautious, with the S&P 500 flat and Nasdaq’s risk-off sentiment amplifying crypto’s sensitivity . A hotter CPI could delay rate cuts, pressuring risk assets, while softer data might reignite bullish momentum. Key support at $100K is pivotal; a break could spur deeper corrections. Stay agile—Fed Chair Powell’s remarks post-data will dictate short-term direction.
GMT1.23%
BTC0.3%
NEAR1.36%
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)