The Consumer Price Index (CPI) figure for November 2022 showed cooling inflation for the fifth consecutive month, as the year-on-year inflation rate has fallen from 9.1% in June to 7.1% in November. This has had an effect on some...
The market's largest two cryptocurrencies in Bitcoin and Ethereum have both enjoyed mild gains on the heels of the latest Consumer Price Index (CPI) report.The report measures the rate of change for the price of a basket of...
Bitcoin surged after July’s CPI data showed that inflation has started to decline after several months of record-breaking rates.
Similar to earlier instances, the price of bitcoin climbed close to $24,000.
CPI Report Boost Bitcoin Price
According to the Consumer Price...
U.S. Bureau of Labor Statistics issued the most awaited Consumer Price Index (CPI) data for the month of July. The positive CPI data has left the biggest crypto green. Bitcoin (BTC) and Ethereum (EHT) both have jumped by...
