#CryptoCPIWatch Why CPI Data Moves the Crypto Market
In recent months, the hashtag
#CryptoCPIWatch has gained traction across social media, particularly among crypto traders, analysts, and economists. But what does it actually mean, and why does it matter for digital assets like Bitcoin and Ethereum?
What is CPI and Why is It Important?
CPI stands for the Consumer Price Index, a key measure of inflation that reflects changes in the average price level of a basket of consumer goods and services. Published monthly by the U.S. Bureau of Labor Statistics, the CPI is a critical economic indicator