According to @truflation, the Truflation index started May 2024 at 1.35% and jumped sharply to 2.06% by the end of the month, indicating a notable rise in inflation pressure. Truflation data often precedes official CPI releases by 1–2 reporting periods, suggesting that upcoming CPI numbers may also trend higher. For crypto traders, this early inflation uptick could impact Bitcoin and other digital assets, as investors may seek inflation hedges. Monitoring these inflation signals is crucial for anticipating potential volatility and positioning in the crypto market (Source: @truflation, Twitter, June 2024).

According to Edward Dowd, headline CPI is expected to fall below 2% within the next 6-12 months (source: Twitter/@DowdEdward, May 5, 2025). This forecast signals potential shifts in Federal Reserve policy, which could lead to increased liquidity and risk appetite in cryptocurrency markets. Traders should monitor CPI trends closely, as lower inflation could drive renewed capital inflows into major digital assets like Bitcoin and Ethereum, impacting short- and medium-term trading strategies.