Bitcoin surpasses 88,000 USDT after US CPI release
Foresight News reported that according to Bitget quotes, Bitcoin touched 88,580 USDT after the release of the US CPI, and is now trading at 88,180 USDT, with a daily increase of 1.03%.
The US November unadjusted CPI year-on-year recorded 2.7%, lower than market expectations; the US November unadjusted core CPI year-on-year recorded 2.6%, the lowest since March 2021.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
CryptoQuant: BTC valuation reset underway, market gradually returning to fundamentals
Kazuo Ueda: It is indeed possible to make policy decisions based on underlying inflation
Trending news
MoreThe Bank of Japan Governor's speech was "hawkish," stating that if the economy develops as expected, interest rates will continue to be raised, with specific decisions to be made after assessing the impact of the current rate hike.
CryptoQuant: BTC valuation reset underway, market gradually returning to fundamentals
