Bitcoin, Ethereum, XRP, Solana Price Forecast: Key CPI Report Impact Friday

The upcoming U.S. Consumer Price Index (CPI) inflation data, scheduled for release on Friday, is poised to trigger significant volatility across major cryptocurrencies. Market analysts are closely monitoring Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL), anticipating potential sharp price movements based on the report's findings. A higher-than-expected CPI figure could reinforce fears of prolonged restrictive monetary policy from the Federal Reserve, likely applying selling pressure on risk assets like crypto. Conversely, a cooler inflation reading might boost investor sentiment, potentially fueling a rally. Traders are advised to exercise caution and manage risk exposure around this high-impact economic event, as historical data shows crypto markets are highly reactive to macroeconomic indicators. The direction of the move for BTC, ETH, XRP, and SOL will largely hinge on whether the data signals persistent inflation or meaningful disinflation.