Here's what bitcoin and ether traders are doing ahead of the binary U.S. CPI print

60-second summary

Bitcoin and ether traders are cautiously positioning ahead of the highly anticipated U.S. CPI print, which is expected to have a significant impact on market sentiment. Many are opting for a wait-and-see approach, holding off on major trades until the release, while others are hedging their bets with options and futures contracts, anticipating potential price volatility.