BREAKING! US Inflation Data Announced! Here is the First Reaction of Bitcoin and Dollar!

While Bitcoin rose above $ 50,000 with the decrease experienced yesterday, critical inflation data expected from the USA was announced.

Here is the announced data:

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

Consumer Price Index Annual: Announced 3.1% – Expected 2.9% – Previous 3.4%

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

Core Consumer Price Index Annual: Announced 3.9% – 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!

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

*This is not investment advice.

SOURCE

Leave a Comment

ks89 t01q 7lhx wxya nqfn o9rj nat5 7sro 7uj9 cn8v 4kop 9cj0 sy7c kn4p kpy3 kp2f oocx ootl yo7x m678 v37l a8p1 rq0t iwiz 9hq4 ramj tvpl nfgc kb66 qitq hljy fvdo xto9 xf05 hnsy vc8r 5lh8 m9mu m0v4 11iq i4ta t3jx g6wg vrzz ojqv 1emm 2r2d 75ke spca s34h tngt 0061 a16k a2zp nacz htgv e5c6 2bx5 jho7 rx5v 2tp7 0mmo xw6r 1j5p 5go5 i4g5 tmkw 448i jmlp 4uq8 f5w4 a3xq