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Siddharth Giri
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📅Important Dates to Watch This Week! 1️⃣13 June: #CPIData - The Consumer Price Index is a measure of inflation that depicts the monthly change in prices paid by consumers of the U.S. If CPI data increases, people reduce spend on crypto. 2️⃣14 June: #PPI Data Producer Price Index depicts the change in the price of goods sold as they depart the producer. PPI can indirectly impact cryptocurrency. A high reading on PPI can be seen as positive for USD which can cause a pullback in cryptocurrencies.

📅Important Dates to Watch This Week!

1️⃣13 June: #CPIData - The Consumer Price Index is a measure of inflation that depicts the monthly change in prices paid by consumers of the U.S. If CPI data increases, people reduce spend on crypto.

2️⃣14 June: #PPI Data

Producer Price Index depicts the change in the price of goods sold as they depart the producer. PPI can indirectly impact cryptocurrency. A high reading on PPI can be seen as positive for USD which can cause a pullback in cryptocurrencies.

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