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BREAKING! US Inflation Data Announced! Here is the First Reaction of Bitcoin and Dollar!

Critical inflation data expected from the USA has been announced.

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While Bitcoin rose above $ 50,000 with the decrease experienced yesterday, critical inflation data expected from the USA was announced.

Here is the announced data:

Consumer Price Index Monthly: Announced 0.3% – Expected 0.2% – Previous 0.2%

Consumer Price Index Annual: Announced 3.1% – Expected 2.9% – Previous 3.4%

Core Consumer Price Index Monthly: Announced 0.4% – Expected 0.3% – Previous 0.3%

Core Consumer Price Index Annual: Announced 3.9% – Expected 3.7% – Previous 3.9%

The consumer price index is an important variable used to measure changes in consumer purchasing trends and US inflation.

A higher than expected value means a positive/bull market for the USD, and a lower than expected value means a negative/bear market for the USD.

First Reaction of Bitcoin and Dollar!

The first reaction of BTC and dollar after the announced data was as follows.

*This is not investment advice.



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