Bitcoin (BTC) slipped on Friday after U.S. CPI data showed inflation was nowhere near cooling. BTC fell 1.5% in minutes after the reading, which showed that the U.S. consumer price index (CPI) expanded in May, in contrast to expectations for a contraction. CPI increased by 8.6% year-on-year in May, compared with a 8.3% increase in The post Bitcoin (BTC) Slips In Minutes After Steaming-Hot U.S. Inflation appeared first on CoinGape.
