Last Minute: US Inflation Data Announced, Bitcoin Passed $28,000!

Expected critical inflation data in the USA were announced. Here is the data disclosed:

• Consumer Price Index Monthly – Announced: 0.4% – expected 0.4%
• Consumer price index Annual – Announced: 4.9% – expected: 5%
• Core CPI MoM – Announced: 0.4% – expected: 0.4%
• Core consumer price index Annual – Announced: 5.5% – expected: 5.5%

Bitcoin and Dollar's Initial Reaction

After the announced data, the first reaction of Bitcoin and the dollar took place as follows.