Bitcoin jumps past $50K as US CPI data shows highest inflation in nearly 40 years Post author:MiamiCrypto Post published:December 10, 2021 Post category:Bitcoin / BTC price / CPI / inflation / Markets CPI data is in line with forecasts but still shows a huge spike, while the long-term consequences for Bitcoin are far from universally positive. You Might Also Like Economists Warn of Severe Recession as Fed Continues Raising Interest Rates to Fight Inflation November 2, 2022 Mt. Gox moves 47,200 Bitcoin, Bitcoin’s price drops below $64,000 July 16, 2024 How are Bitcoin options traders positioning for the US banking crisis? May 4, 2023
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