Bitcoin and Ethereum Price Forecast After Release of First US CPI Print Since US-Iran War

Bitcoin ($BTC) and Ethereum ($ETH) prices are in focus following the release of the first US CPI data since the US-Iran war began. US inflation in March rose to 3.3% in line with expectations, reflecting an increase in the cost of living because of the Middle East war. Amid the hot inflation reading, the forecast on Bitcoin and Ethereum price movement signals a potential spike in volatility.