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CPI beats expectations; Bitcoin trading over $30k

April 12, 2023
in Crypto Exchanges
Reading Time: 1 min read
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Fast Take

CPI for March was consistent with expectations and forecasts

Core CPI YOY:

The Core CPI for February was 5.5%
The forecast for the month of March was 5.6%
March Core CPI was consistent with expectations at 5.6%

CPI YOY:

The CPI for February got here in at 6%
The forecast for March was 5.1%
March CPI got here in barely under expectations at 5.0%

Bitcoin has reacted positively and is now buying and selling at $30,300 as of press time.

BTCUSD: (Source: TradingView)
BTCUSD: (Supply: TradingView)

The publish CPI beats expectations; Bitcoin buying and selling over $30k appeared first on CryptoSlate.

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Tags: 30KBeatsBitcoinCPIExpectationsTrading
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