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Bitcoin Rallies After Release of Softer U.S. CPI

By Staff at 2024-11-23 03:39

Sentiment: Positive

by Staff By Marcus Sotiriou, Market Analyst at the publicly listed digital asset broker GlobalBlock (TSXV:BLOK).  Bitcoin has climbed to $17,800 at time of writing, following softer U.S. CPI released this afternoon. CPI was expected to be 7.3% year-over-year, but came in at 7.1% and much lower than the previous 7.7%, leading to a strong bullish move higher in Bitcoin […] #blockchain #crypto, #decentralized, #distributed, #ledger Continue reading...

Categories: Opinion

Tags: #Opinion #Bitcoin #digital assets #Federal Reserve

Source Blockchain News