Der Bitcoin-Preis reagiert auf die über den Erwartungen liegenden US-VPI-Zahlen für September
Bitcoin Price Reacts to Higher-Than-Expected US CPI Numbers for September
Der Bitcoin-Preis reagiert auf die über den Erwartungen liegenden US-VPI-Zahlen für September
Bitcoin Price Reacts to Higher-Than-Expected US CPI Numbers for September
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tldr; The US Consumer Price Index (CPI) for September showed a higher-than-expected inflation rate of 2.4%, compared to the anticipated 2.3%. This unexpected increase may influence the Federal Reserve’s monetary policy, potentially halting further interest rate cuts. Bitcoin’s price reacted to the news with a minor decline, dropping from $61,250 to $60,750, before recovering slightly to around $61,000. The Core CPI, excluding food and energy, also rose by 0.3%, surpassing forecasts of 0.2%.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
“Perhaps that’s why BTC’s price reacted with an immediate minor decline. The asset had just increased to $61,250, but the CPI data pushed it south once more by $500. Nevertheless, it has recovered some ground and now stands close to $61,000.”
Crypto journalism at its finest.
500$ dump = 4757 word article
How the fuck is a $500 drop news lol it’s been hardly an hour since the report. Let the day play out
You need a magnifying glass to see the price movement but these news sites just love making it a big deal lol
With AI reporters in future we’ll get alerts on $6 dumps/pumps (0.01% changes). Nowadays $600 equals 1% …
People complaining it’s just 500$ difference.
It doesn’t matter. The article was going to be published when cpi datw was released regardless of btc price. It happened to be only 500$