Crypto Market Gives Mixed Reaction To December CPI Inflation Data

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December inflation data release: The CPI data for December came in on the expected lines, with inflation rising by 6.5%. The US Bureau of Labor Statistics released the Consumer Price Index (CPI) data for December. The crypto market was slightly on the bullish side with most assets in green in the minutes leading to the data release. The CPI index for the month of November stood at 7.10%.

Also Read: What To Do During A Bitcoin Bear Market? – 5 Things You Should Know

As of writing, the Bitcoin (BTC) price stands at $18221.71, up 4.61% in the last 24 hours, according to CoinGape price tracker.

The post Crypto Market Gives Mixed Reaction To December CPI Inflation Data appeared first on CoinGape.

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