Bitcoin Price Reacts as US CPI Data Shows Significant Increase in March

Bitcoin Price Reacts as US CPI Data Shows Significant Increase in March

Dark Mode Toggle Ball Crypto News Today Market Updates Margin Trading Guides Videos Price Analysis BTC Analysis ETH Analysis XRP Analysis Bitcoin For Beginners Interviews Editorials DeFi & NFT Buy Crypto Language Bulgarian Turkish Spanish © Copyright CryptoPotato Home » Crypto News The highly anticipated Consumer Price Index data for March, the first full month of the war between the US and Iran, was announced minutes ago, showing what many expected that there’s a significant uptick in inflation. Bitcoin’s price reacted immediately with some fluctuations as the asset had settled at around $72,000 before the data went live. Recall that the inflation numbers for February matched expectations, showing an increase of 2.4% year-over-year and a 0.3% rise for the month. The actual CPI data for March, though, indicated a more significant 0.9% month-over-month increase, and the biggest difference

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