The May 2024 Consumer Price Index (CPI) report will be released on June 12 at 12:30 UTC Experts expect growth of 3.4% compared to the previous year or 0.3% compared to the previous month...

If the figure is lower, this will be a signal of a slowdown in inflation, which will increase the likelihood of cryptocurrency growth.

If higher, then this is a signal that inflation is still a concern, which increases the likelihood of the cryptocurrency falling

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