Breaking: CPI Report Shows U.S. Inflation At 6.5%; Time For Bitcoin Price To Shine?

Thursday morning brings some highly encouraging news on the persistently high prices that have weighed down the people of the United States. The Consumer Price Index (CPI), an important economic metric that measures the average change in prices paid by consumers for various goods & services, demonstrated a considerable drop in inflation for the month of December; bringing it to its lowest level in almost a year. With the latest CPI reading coming at 6.5%, it lends further credence to the argument of a declining inflation, which can act as a catalyst for the price of volatile assets like Bitcoin (BTC).