With the announcement of the US Consumer Price Index (CPI) at the expected level, a small movement was seen in Bitcoin (BTC).
US November inflation on an annual basis in the past minutes 3.1% It was announced at the expected level. Despite the data coming in at the expected level, the dollar index (DXY) While Bitcoin is moving downwards for $220 A near rise was observed.
Just before US inflation was announced 41,737 Bitcoin, traded at dollar levels, with data to $42,058 increased by . While the movement affects the entire cryptocurrency market Ethereum (ETH) too for $2,233 reached up to.
According to CoinGecko data, Bitcoin, at the time of writing from $41,820 If Ethereum from $2,227 is being traded.
Inflation in the USA increased in June and July in a row It increased but started to decline again. US Federal Reserve (FED) It is thought that interest rate decisions will be reduced starting from next year, as there is no increase in the inflation rate.