Bitcoin and Ethereum Hold Steady as Market Awaits U.S. CPI Data

The cryptocurrency market is displaying a cautious steadiness, with major players Bitcoin and Ethereum showing minimal volatility in anticipation of the latest U.S. Consumer Price Index (CPI) report. Investors and traders are on standby, gauging how the impending inflation figures might impact the Federal Reserve’s monetary policy and subsequently affect the crypto market. This report is particularly significant as it could either validate or challenge the prevailing sentiment that cryptocurrencies are a hedge against inflation. Read more at Decrypt