How Bitcoin and Crypto Prices Will React to FOMC Minutes, CPI Inflation - is the Market Bottom Near?

Bitcoin, and crypto prices more generally, have been treading water this week, but that could change from today as producer price index (PPI) inflation data and FOMC minutes are released. First up to disturb the market from its slumber is the US PPI data, a measure of inflation at the factory gate. Any sign of cooling will be treated as confirmation of the need for the Fed to ease off on interest rate rises. Such an outcome would light a fire under stocks and crypto prices....