Insights

CPI beats expectations; Bitcoin trading over $30k

exchange681 week ago

0 0 1 minute read

Quick Take

CPI for March was in line 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 in line with expectations at 5.6%

CPI YOY:

The CPI for February came in at 6%
The forecast for March was 5.1%
March CPI came in slightly below expectations at 5.0%

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

Analyst

James Van Straten

Former Lead Analyst at CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century’s paramount invention.

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