Last minute! US Inflation Data Announced! Here is the First Reaction of Bitcoin and Markets!

The most important data of the week has been announced.

bitcoin and September consumer inflation data, which the markets have been eagerly waiting for, were announced.

CPI in the USAwas announced as 8.2% annually. The expectation is 8.1%.

CPI in the USA reported as 0.4% per month. The expectation is 0.2%.

Core CPI reported as 6.6% per annum. The expectation is 6.5%.

First Response of Bitcoin and Markets to CPI

You can see the first reaction of Bitcoin, Ethereum, Nasdaq futures and Dollar Index in the chart below after the release of inflation data.

With the headline and core inflation exceeding expectations, the dollar index rose to 113,800 levels.

Meanwhile, Bitcoin dropped to $18190 levels, while Ethereum dropped to $1190.

Now, at 16.30, the opening of the US stock markets will be followed.

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#USA Inflation data was announced as 8.2%.

Expectation was 8.1%
The previous was 8.3%.#Bitcoin

— Bitcoin System (@bitcoinsystem) October 13, 2022