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

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.