One Inflation Report Could Send Altcoins Flying or Crashing: 5 Cryptos Worth Risking Before the Fed’s Next Move

The September CPI report on Wednesday is the final inflation reading before the Fed’s October 28 decision. CME FedWatch showed about a 19% chance of an October hike as of October 9. Each of the five tokens has a different use case and trading profile, so reactions to the data may vary. A heavy week of economic data is being watched by crypto and stock traders. The September Consumer Price Index (CPI) report is due Wednesday, and it is the last inflation reading before the Federal Reserve’s October 28 meeting.

Source: CryptoNewsLand