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cryptonews
2023-05-10 17:33:00

What the Latest US Inflation Numbers Mean for the Bitcoin (BTC) Price

What the Latest US Inflation Numbers Mean for the Bitcoin (BTC) Price

The latest US Consumer Price Index (CPI) inflation numbers were just released and Bitcoin (BTC), which rallied at the time to hit session highs in the $28,300s, seemed to like it. According to the latest CPI report, headline inflation fell to 4.9% YoY in April, its first sub-5.0% reading in over two years. That was a tad below the median economist forecast for a 5.0% YoY reading.... Read More: What the Latest US Inflation Numbers Mean for the Bitcoin (BTC) Price

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