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Crypto Market Awaits US CPI Next Week, Here’s What to Expect

Crypto Market Awaits US CPI Next Week, Here’s What to Expect

The crypto market is once again gearing up to enter a crucial week, with a flurry of macroeconomic developments in focus. For context, the US CPI and PPI inflation data are scheduled for next week, which would provide insights into the potential next move of the US Federal Reserve.

However, the market is anticipating the US Fed to keep interest rates unchanged at its October meeting. Despite that, the latest US FOMC minutes showed that the central bank officials might consider another rate hike this year, which has fueled discussions among market participants.

Crypto Market Awaits US CPI Data, Here’s All

Next week would be crucial for the broader financial sector, let alone the crypto market. The US CPI and PPI…

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