Fast Take
- CPI year-over-year got here in at 4.9%. It was anticipated to return in at 5.0%
- Whereas core CPI year-over-year got here in at 5.5% and was anticipated at 5.5%
- Bitcoin broke $28,000 on the information of CPI.
- CryptoSlate will submit extra CPI knowledge all through the day, however core inflation appears to be the massive problem, which has been buying and selling on this vary for nearly a 12 months.
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