Crypto CPI Watch: Bitcoin Holds $80K Amid Risk-Off Sentiment as CPI Data Looms

Key Highlights:Bitcoin dominance surges to 62%, while Ethereum’s ETH-BTC ratio drops to a four-year low.Macroeconomic risks weigh on crypto, with Trump’s trade wars and Canada’s bond sale impacting sentiment.$9 trillion in U.S. debt set to mature in 2025, raising concerns over Treasury yields.March 12 CPI report to dictate market direction, with risk assets bracing for volatility.Bitcoin Stability as Market Faces Economic UncertaintyBitcoin (BTC) continues to trade above $80,000, but the broader crypto market remains cautious ahead of the U.S. Consumer Price Index (CPI) report. With Bitcoin dominance at 62%, the asset is asserting itself as a safe haven, diverging from the rest of the market.Meanwhile, the ETH-BTC ratio has turned negative over a four-year CAGR, highlighting Ethereum's relative underperformance against Bitcoin.Macroeconomic Pressures & Trade War RisksBeyond CPI, geopolitical and economic tensions are driving market uncertainty:Trump’s trade war intensifies, impacting Canada, Mexico, and the EU, with retaliatory tariffs looming.Canada’s newly appointed PM Mark Carney plans to sell U.S. dollar bonds, potentially raising U.S. Treasury yields—the opposite of Trump's policy objectives.$9 trillion in U.S. debt maturing this year, keeping interest rate concerns at the forefront.S&P 500 is down nearly 10%, hovering in correction territory, reflecting broader market caution.Market Events to Watch This WeekCrypto DevelopmentsMarch 12: Hemi (HEMI) mainnet launch.March 15: Athene Network (ATH) mainnet launch.March 17: CME Group launches Solana (SOL) futures.March 20: BNB Chain’s Pascal hard fork goes live.Economic IndicatorsMarch 12 (8:30 a.m. ET): U.S. CPI inflation reportInflation Rate YoY expected at 2.9% (prev. 3.0%).Core Inflation Rate YoY expected at 3.2% (prev. 3.3%).March 13 (8:30 a.m. ET): U.S. Producer Price Index (PPI)Core PPI YoY expected at 3.6%.Major Token UnlocksMarch 12: Aptos (APT) unlocks 1.93% of supply ($58.26M).March 14: Starknet (STRK) unlocks 2.33% ($10.67M).March 16: Arbitrum (ARB) unlocks 2.1% ($31.53M).March 18: Fasttoken (FTN) unlocks 4.66% ($79.60M).Token Listings & DelistingsMarch 31: Binance to delist USDT, FDUSD, TUSD, USDP, DAI, AEUR, UST, USTC, and PAXG.What’s Next for Crypto?With inflation data set to influence the Fed's next move, Bitcoin and the broader market could see volatility. A lower-than-expected CPI print could fuel a risk-on rally, while a hotter-than-expected report might reinforce rate-hike concerns, pressuring markets further.For now, Bitcoin remains the dominant force, while Ethereum and altcoins struggle for momentum. All eyes are on inflation data and trade war escalations as key drivers for the week ahead, according to CoinDesk.