US CPI and Core CPI DATA Will Drop Next Tuesday: Expect Major Volatility
2025-07-13 11:16:07
Main Idea
The upcoming US CPI and Core CPI data release next Tuesday is expected to cause significant market volatility, with potential impacts on the crypto market and currency valuation.
Key Points
1. The crypto market surged last week as Bitcoin hit a new all-time high and top altcoins saw massive gains.
2. US CPI and Core CPI data, due next Tuesday, will influence market movements based on the outcome of the reports.
3. CPI and Core CPI data reflect consumer prices and affect currency valuation, with the Federal Reserve relying on these metrics.
4. A CPI or Core CPI figure higher than the forecast (0.3%) typically favors the US dollar, drawing attention from economic analysts.
5. The market is closely watching the Fed's reports to gauge potential impacts on crypto assets like ETH and XRP, which continue to surge.
Description
Upcoming US economic data will trigger volatility in the crypto market this week. CPI and Core CPI indicators determine the Fed’s decision on interest rates. The crypto market surged significantly last week as Bitcoin achieved a new record. The crypto market surged significantly last week as Bitcoin achieved a new all-time high while most top altcoins returned massive gains. However, upcoming economic data due in the US by early next week could affect the market conditions. Most analysts expect ...
Latest News
- Bonk (BONK) Price Prediction for July 14, 2025: BONK Holds Above Key Support As Bulls Eye $0.00002748 Breakout2025-07-14 03:18:15
- India’s FIU Intensifies Probe into Binance, WazirX Amid Cross-Border Crypto Terror Concerns2025-07-14 02:44:30
- Pump.fun (PUMP) Price Prediction for July 14, 2025: Wild Reversal Follows Historic $600M ICO Frenzy2025-07-14 02:44:17
- Hedera (HBAR) Price Prediction for July 14, 2025: HBAR Blasts Through Resistance as Buyers Target $0.242025-07-14 02:23:03
- AltSeason Heats Up as a Golden Cross Emerges on the Atcoin Market Cap Daily Chart2025-07-13 12:40:26