Major cryptocurrencies, including Bitcoin and Ethereum, are showing stability as traders prepare for the upcoming U.S. Consumer Price Index (CPI) data release. The anticipation surrounding this economic indicator has led to a cautious approach among market participants. While the global cryptocurrency market cap is experiencing slight fluctuations, the overall sentiment remains steady. Traders are closely monitoring the situation, as CPI data can significantly impact market trends and investor behavior. The current stability in major cryptocurrencies suggests that traders are adopting a wait-and-see strategy, reflecting their focus on potential market movements following the data release.
