Wall Street Giants Forecast US CPI Inflation Amid Crypto Market Uncertainty
Market participants are preparing for today's US CPI inflation data release, with Bitcoin dropping nearly 2% to below $77,000. Traders remain cautious due to oil price volatility linked to the US-Iran conflict. Major financial institutions, including JPMorgan, Morgan Stanley, and Citigroup, have provided their inflation estimates ahead of the report.
Summaries are written by AI from the original article. Not investment advice.