Expected US inflation data was released today. The eyes of both the gold markets and the crypto money markets were on these data. Inflation in the USA was announced as 7%. Gold and Bitcoin price were affected by the incoming data. cryptocoin.com We have compiled the details for you, let’s examine the subject together…
Gold and Bitcoin market moved: US inflation data announced!
All the eyes of the markets were on the US inflation data… The data has been announced as of now. Forecasts for inflation were at 7 percent and the figure came in line with expectations. Inflation in the USA was announced as 7%. The inflation figure was 6.8 percent year-on-year in November.
Gold prices rose from $ 1,816 to $ 1,820. Bitcoin price rose by $500. At the time of writing, BTC has bounced above $43,750.
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