The Friday Inflation Report May Affect Bitcoin and Ethereum.

Impact of Inflation Report on Markets

The core Personal Consumption Expenditures (PCE) index, which is the Federal Reserve's preferred measure of inflation, is expected to rise to 2.9% in September. This will mark an increase for 55 consecutive months that has not reached the 2% target.

Despite concerns about inflation, market volatility indices continue to remain stable. For instance, the expected volatility index of Bitcoin shows no significant changes. This situation may create a conscious atmosphere of confidence among investors.

A Beacon of Hope for Investors

Analysts suggest that a softer inflation report could exert downward pressure on the 10-year Treasury yield, which may support the recovery of cryptocurrencies.