Disappointing U.S. CPI Data Sends Bitcoin Tumbling Below $95K
Both the headline and core rates of inflation rose faster than expected in January. U.S. inflation unexpectedly marched higher in January, sending crypto and traditional…
Tag: Consumer Price Index
U.S. Inflation Was Negative in June; Bitcoin Jumps Above $59K
Market participants became increasingly convinced that the Fed was going to trim rates at its September meeting following the report. Inflation continued to retreat in…
U.S. September CPI Rises 0.4%, Outpacing Forecasts; Bitcoin Slips Further
The year-over-year pace of inflation was 3.7%, also faster than economist expectations The Consumer Price Index (CPI) for September rose 0.4% versus economist estimates of…