The post US CPI Data Release Today: Inflation Expected to Spike, What It Means for Bitcoin Price appeared first on Coinpedia Fintech News
The US Consumer Price Index (CPI) data is set to be released today at 8:30 AM ET, with forecasts indicating a sharp rise in inflation driven by higher energy prices. A hotter-than-expected CPI could strengthen the stagflation narrative and push Bitcoin toward lower support levels around $68,000–$69,000. Overview Event: US CPI Data Release (March) Time: …