Will it shake the crypto market?
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US CPI data is expected to release today at 12:30 UTC. The crypto market is bracing itself for what may be a massive rally or a halt. Will consumer inflation data shake up the crypto markets? Summary US CPI data is expected to be released at 12:30 UTC today, with economists predicting it to rise by 0.3% this month. The crypto market has been bracing for the impact that would come from the CPI data release, which could make or pause the rally it is on. After the crypto market rallied around producer inflation data or PPI easing by 0.7% in August, many traders are wondering what to expect when the US CPI data rolls around at 12:30 UTC today. According to a recent Reuters poll, economists project that consumer price index is set to increase by 0.3% on a monthly basis in August, following a 0.2% rise in July. CPI is expected to have grown 2.9% year-on-year, compared to 2.7% in July. However, there is also a possibility that the CPI figure could come in harder than expected. A weaker CPI could reinforce traders’ expectations on monetary easing, especially from the Federal Reserve. The possibility of The Fed initiating an interest rate cut by 25 basis points at its meeting next Wednesday is still in the running. Meanwhile, investors also priced in a slim possibility of 50-basis-point reduction, as per the CME FedWatch tool. If the US CPI data results come out as expected, with inflation being on the rise, gold and alternative assets like crypto could gain a much needed boost. Seen as a hedge against inflation, higher inflation rates could be a good sign for crypto traders that the market could see the beginnings of another rally. However, a lower-than-expected inflation rate could strengthen the dollar and…
Filed under: News - @ September 11, 2025 11:29 am