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808. CPI Data Report | Inflation Effects on Crypto Markets

808. CPI Data Report | Inflation Effects on Crypto Markets
Oct 14, 2022 · 42m 8s

Bitcoin (BTC) dropped to as low as $18,183 after the Consumer Price Index (CPI) data was released on Thursday. The Labor Department reported consumer prices in September rose 8.2% from...

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Bitcoin (BTC) dropped to as low as $18,183 after the Consumer Price Index (CPI) data was released on Thursday. The Labor Department reported consumer prices in September rose 8.2% from the same month last year and 0.4% from August. Measured by "core CPI", which excludes volatile food and energy prices, U.S. consumer prices advanced to a 40-year high in September.

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Author Rever Networks
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