While the leading cryptocurrency Bitcoin (BTC) was trading around $92,000 and Ethereum (ETH) around $3,137, US December inflation data was released.
While volatility in BTC continues, the whole world is focused on US inflation figures.
Here are the US inflation figures that have been released:
Here are the data released for November:
Consumer Price Index Annual: Announced 2.7% – Expected 2.7% – Previous 2.7%
Consumer Price Index Monthly: Announced 0.3% – Expectation 0.3% – Previous 0.3%
Core Consumer Price Index Annual: Announced 2.6% – Expected 2.7% – Previous 2.6%
Core Consumer Price Index Monthly: Announced 0.2% – Expectation 0.3% – Previous 0.2%
The consumer price index is a key variable used to measure consumer purchasing trends and changes in US inflation.
Bitcoin’s Initial Reaction After the CPI Data!
*This is not investment advice.