Source: CryptoNewsNet
Original Title: BREAKING! US Inflation Data Released! What Was Bitcoin’s (BTC) Initial Reaction?
Original Link:
While the leading cryptocurrency Bitcoin (BTC) was trading around $92,000 and Ethereum (ETH) around $3,137, US December inflation data was released.
While volatility in BTC continues, the whole world is focused on US inflation figures.
US Inflation Figures Released
Consumer Price Index Annual: Announced 2.7% — Expected 2.7% — Previous 2.7%
Consumer Price Index Monthly: Announced 0.3% — Expectation 0.3% — Previous 0.3%
Core Consumer Price Index Annual: Announced 2.6% — Expected 2.7% — Previous 2.6%
Core Consumer Price Index Monthly: Announced 0.2% — Expectation 0.3% — Previous 0.2%
The consumer price index is a key variable used to measure consumer purchasing trends and changes in US inflation.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
US Inflation Data Released: Bitcoin's Market Reaction to December CPI Figures
Source: CryptoNewsNet Original Title: BREAKING! US Inflation Data Released! What Was Bitcoin’s (BTC) Initial Reaction? Original Link: While the leading cryptocurrency Bitcoin (BTC) was trading around $92,000 and Ethereum (ETH) around $3,137, US December inflation data was released.
While volatility in BTC continues, the whole world is focused on US inflation figures.
US Inflation Figures Released
Consumer Price Index Annual: Announced 2.7% — Expected 2.7% — Previous 2.7%
Consumer Price Index Monthly: Announced 0.3% — Expectation 0.3% — Previous 0.3%
Core Consumer Price Index Annual: Announced 2.6% — Expected 2.7% — Previous 2.6%
Core Consumer Price Index Monthly: Announced 0.2% — Expectation 0.3% — Previous 0.2%
The consumer price index is a key variable used to measure consumer purchasing trends and changes in US inflation.
Bitcoin’s Initial Reaction After the CPI Data