- The US February 2026 inflation data will be published this week.
- The crypto market has been consolidating prices for the last couple of days.
- Gold and Silver are down.
The crypto market is looking for the upcoming US February 2026 inflation data. The segment has, so far, consolidated its prices even after the publication of the employment data for the same month. Meanwhile, Gold and Silver have declined while the US Dollar has gained strength on the index.
Crypto Market Right Now
The crypto market seems to be consolidating prices since the last couple of days. Right now, it is again attempting a recovery from recent losses. The collective market cap has dipped by 1.89% but remains above the $2.3 trillion milestone. The FGI is at 25 points, up from the low value of 19 points.
Individually, BTC continues to move between $69k and $71k, with the majority of the movement happening around $69,522.23 when the article is being drafted. Even the daily decline comes to 1.93%.
ETH has shed the same portion of its value, except it has navigated its way beyond the $2k milestone. Its exchange rate is $2,022.53.
The unemployment data for February 2026 showed a 4.40% rate, slightly higher than the previous month. Nonfarm payrolls also plunged by 92,000, according to the US Bureau of Labor Statistics. It is expected that the March 2026 data could see a further decline due to the ongoing geopolitical scenarios.
US February Inflation Data
Scheduled to be published this week, the CPI data could show a higher value, considering that the gasoline prices started rising ahead of the Iran war due to its anticipation. Most of the values are projected numbers. It is expected that the Core CPI could increase by 2.5% on a YoY basis, and CPI without food & energy could surge by 0.2%.
Simultaneously, it is reported that an increase in inflation could be a reflection of the continuous chase of geopolitical goals via tariff implementation. Sarah House, a senior economist at Wells Fargo, interacted with the media and said that the February CPI could show the progress on inflation is stalling out again.
Gold, Silver, and US Dollar
Gold and Silver have declined. Gold has fallen by 0.02% in 24 hours to reach $5,191.30. Silver has recorded a harder decline of 1.67% during the same timeline. It is now being traded at $86.86.
The US Dollar has gained 0.04% against the basket of currencies on the index. It is now at 98.956. Notably, it is down by 0.05% over the last 5 days and up by 1.29% on a monthly basis. All eyes are on the upcoming inflation data, especially for the crypto market.
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Source: https://thenewscrypto.com/crypto-market-eyes-upcoming-us-february-inflation-data/