##ZEN.24小时交易策略 #ETHETFS #Memecoins #🔥Core CPI Figures to Make Crypto Go Up: Bitcoin Price Set to Surge if These CPI Projections Hold True🚀

Today's US Consumer Price Index (CPI) data, set for release at 8:30 am ET, could significantly impact Bitcoin prices. Bitcoin has recently shown a strong reaction to macroeconomic news, making this report a key event for crypto investors.

The CPI measures inflation by tracking changes in prices of consumer goods and services. After three months of higher-than-expected inflation, analysts now expect a slight slowdown for April. This could influence monetary policy and financial markets.

CPI Expectations

- Year-on-Year Increase: Expected to be 3.4%, down from March's 3.5%.

- Month-to-Month Increase: Projected at 0.3%, a decrease from the previous 0.4%.

- Core CPI (excluding food and energy): Expected to drop from 3.8% to 3.6% year-on-year, with a monthly increase slowing to 0.3% from 0.4%.

Economists at Goldman Sachs predict core CPI will continue to decline, stabilizing around 3.5% year-on-year by the end of 2024, with core Personal Consumption Expenditures (PCE) inflation expected at 2.7% by December 2024.

The CPI data typically has a significant impact on market dynamics, often more so than the Producer Price Index (PPI). With PPI data released today, market reactions to both reports will be closely watched