If the Consumer Price Index (CPI) report for May 2024, which comes out on June 12 at 12:30 UTC, shows a lower increase than expected, it could mean inflation is slowing down. This could make cryptocurrency prices more likely to go up.
But if the report shows a higher increase than expected, it means inflation is still a worry. This could make cryptocurrency prices more likely to go down.#Binance200M $BTC