Why is the crypto market down today? By Cointelegraph

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The crypto market is down today, as market volatility increases ahead of the Consumer Price Index (CPI) report that measures inflation is set to be revealed on Feb. 14.

This week’s CPI print, combined with increased regulatory enforcement from the United States Securities and Exchange Commission (SEC) could translate to further downside for (BTC) and the wider crypto market which is currently flirting with 3-week lows.

Cryptocurrency market performance, daily timeframe: Coin360
Inflation index estimations. Source: The Bitcoin Layer
Global economic health. Source: U.S. Bank