JPMorgan & Wall Street Giants’ Estimates on US CPI Inflation, Will Crypto Market Recover?

Crypto market participants are bracing for US CPI inflation data today, with Bitcoin sliding almost 2% to below $77,000 ahead of the release. Recent oil price rebounds amid the US-Iran war are keeping traders uncertain about market direction. Here’s what JPMorgan, Morgan Stanley, Citigroup, and other Wall Street giants’ estimates say.