July CPI Tomorrow: Make-or-Break Test for Fed Rate Hikes
The Consumer Price Index for July releases tomorrow at 8:30 A.M. Eastern Time, marking the most critical near-term catalyst for cryptocurrency markets and Fed policy expectations. Bitcoin is consolidating near $64,000 ahead of the data print, while three FOMC voting members already favor rate hikes—a number that could expand if inflation shows signs of reacceleration….
