What is the upcoming situation of Crypto market?

he crypto market today is heavily focused on the upcoming U.S. Consumer Price Index report. Investors are hoping inflation continues to cool, which would strengthen the case for interest rate cuts by the Federal Reserve. Recent Producer Price Index data came in weaker than expected, reinforcing this optimism. However, if inflation comes in hotter than forecast, it could delay or even reverse expectations of monetary easing, putting pressure on cryptocurrencies.