Bitcoin soars over 5% on better-than-expected CPI | Invezz

Bitcoin soars over 5% on better-than-expected CPI | Invezz

Bitcoin (BTC/USD) soared more than 5% on Tuesday morning following better-than-expected Consumer Price Index (CPI) data. Data released by the US Labour Department showed that November’s CPI rose just 0.1% from October’s readings. The inflation gauge however showed a 7.1% reading year-on-year last month, against an expected 7.3%. Are you looking for fast-news, hot-tips and … Read more