Bitcoin Whipsaws After Consumer Inflation Comes in Slightly Hot

The Bureau of Labor Statistics printed August’s Client Value Index (CPI) information only a day after it revealed lower-than-expected wholesale inflation. BTC Dips Then Recovers After Newest CPI Report Bitcoin dropped to $113K on Thursday morning after the Bureau of Labor Statistics (BLS) introduced barely hotter-than-expected inflation in its August Client Value Index (CPI) report. […]



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