According to WallStreetBulls, Japan's Nationwide CPI for April has been reported at 3.6%, falling short of the forecasted 3.7%. This slight deviation from expectations may influence market sentiment and trading strategies, particularly in the cryptocurrency sector. Lower-than-expected inflation could lead to a more dovish stance from the Bank of Japan, potentially impacting the yen and global currency markets. As a result, traders might see increased volatility in cryptocurrency prices, especially for Bitcoin and Ethereum, as they react to shifts in fiat currency valuations.