BREAKING! US Inflation Data Released! What Was Bitcoin’s (BTC) First Reaction?

Bitcoin (BTC), the leading cryptocurrency that has been running from record to record since Donald Trump’s victory, recently exceeded the critical threshold of $ 100,000, but could not hold on there and has experienced pullbacks in recent days.

While analysts stated that this decline in Bitcoin is normal and that they expect a further increase, critical inflation data that the FED attaches importance to for its interest rate decision was announced today.

Here is the data disclosed:

Consumer Price Index Annual: Announced 2.7% – Expected 2.7% – Previous 2.6%

Consumer Price Index Monthly: Announced 0.3% – Expected 0.3% – Previous 0.2%

Core Consumer Price Index Annual: Announced 3.3% – Expected 3.3% – Previous 3.3%

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

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

Bitcoin’s First Reaction After CPI Data!

*This is not investment advice.

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