Expected critical inflation data in the USA were announced. Here is the data disclosed:
- Consumer Price Index Monthly โ Announced: 0.4% โ expected 0.4%
- Consumer price index Annual โ Announced: 4.9% โ expected: 5%
- Core CPI MoM โ Announced: 0.4% โ expected: 0.4%
- Core consumer price index Annual โ Announced: 5.5% โ 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.