Last minute! US Inflation Data Announced! What Was the First Reaction of Bitcoin and the Dollar?

Bitcoin (BTC) With the rally in recent days, it surpassed its previous ATH and rose above $ 72,000.

BTC‘While the question continues to be asked whether the rally in Turkey will continue, the critical inflation data expected from the USA has been announced.

Here is the announced data:

Consumer Price Index Monthly: Announced 0.4% – Expected 0.4% – Previous 0.3%

Consumer Price Index Annual: Announced 3.2% – Expected 3.1% – Previous 3.1%

Core Consumer Price Index Monthly: Announced 0.4% – Expected 0.3% – Previous 0.4%

Core Consumer Price Index Annual: Announced 3.8% – Expected 3.7% – Previous 3.9%

The consumer price index is an important variable used to measure changes in consumer purchasing trends and US inflation.

A higher than expected value means a positive/bull market for the USD, and a lower than expected value means a negative/bear market for the USD.

First Reaction of Bitcoin and Dollar!

After the announced data BTC and the first reaction of the dollar was as follows.

*This is not investment advice.