Last minute! US Inflation Data Announced! Here’s Bitcoin’s First Reaction!

US inflation data, which are closely followed by the markets, were announced.

Core Consumer Price Index (MoM) Announced as 0.3/ Expectation 0.5%

Core Consumer Price Index (Annual) Announced as 6.3/ Expectation 6.5%

Consumer Price Index (Monthly) Announced as 0.4 / Expectation 0.6%

Consumer Price Index (Annual) Announced as 7.7 / Expected 8%

Bitcoin rose above $17,000 again as inflation data came in below expectations.

*News will be updated.

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