Markets Focus on US CPI Data Today! What's Expected? How Will Bitcoin (BTC) and Cryptocurrencies Be Affected? Here Are Three Possible Scenarios!

While the announcement that the US and Chinese leaders will meet on October 30 has somewhat alleviated trade-related market concerns, investors in global markets are now focused on today's US Consumer Price Index (CPI) ￰0￱ continued government shutdown in the US restricts access to critical data released by public institutions and makes it difficult to formulate predictions regarding the steps the Fed will take regarding interest ￰1￱ this point, the CPI data in question is expected to provide more clues regarding the Fed's meeting next ￰2￱ are the CPI Expectations? US September CPI data is expected to be released today at 3:30 PM Turkish ￰3￱ data was delayed due to the ongoing government shutdown, which has entered its 24th ￰4￱ CPI is the most important indicator for the Fed's interest rate decision, with economists predicting a 0.4% monthly increase and 3.1% annual ￰5￱ means the CPI, a critical threshold for both traditional and cryptocurrency markets, will surpass 3% for the first time in ￰6￱ is the Impact on Cryptocurrency?

CPI data is closely followed by cryptocurrency investors as well as global ￰7￱ this point, economists predict that the CPI data could lead to significant volatility in cryptocurrencies. A lower CPI could trigger rallies in Bitcoin (BTC), Ethereum (ETH), and other cryptocurrencies, while higher inflation could trigger a short-term sell-off. “Investors should keep a close eye on this CPI ￰8￱ could shape everything from interest rate expectations to riskier assets like stocks and cryptocurrencies,” said crypto analyst Ash ￰9￱ Crypto also outlined the possible CPI scenario that could influence the short-term direction of the crypto ￰10￱ 1: Bitcoin and Ethereum Fall if CPI Comes Above 3.1%: If the CPI comes above 3.1%, it will mark the highest inflation since June ￰11￱ typically slows economic growth and makes riskier assets like Bitcoin and Ethereum less ￰12￱ scenario could signal a decline for riskier ￰13￱ 2: If CPI Comes in at 3.1% as Expected; Neutral but Slightly Hawkish: According to the analyst, this situation could push Fed Chair Jerome Powell to take a hawkish stance and keep risk appetite limited until he sees more clarity from the central ￰14￱ 3: CPI Below 3.1%: A Bullish Catalyst for the Crypto Market: The most positive scenario for cryptocurrencies is a CPI below 3.1%.

This is because low inflation increases the likelihood of interest rate cuts, encouraging liquidity inflows into riskier assets like stocks and ￰15￱ could be the green light the market has been waiting ￰16￱ could provide new momentum for Bitcoin and Ethereum to rise. *This is not investment ￰17￱ Reading: Markets Focus on US CPI Data Today! What's Expected? How Will Bitcoin (BTC) and Cryptocurrencies Be Affected? Here Are Three Possible Scenarios!