The discharge of November’s Shopper Worth Index (CPI) knowledge confirmed inflation at 7.1% year-on-year (YoY). This got here in higher than the estimated 7.3% determine.
Bitcoin spiked 2.6% on the information and was buying and selling simply in need of $18,000, as of press time.
The put up Bitcoin spikes to $18,000 on higher than anticipated CPI knowledge appeared first on CryptoSlate.
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