CRYPTO NEWS MARKET logo

CRYPTO NEWS MARKET

Your Source for Crypto Intelligence

Home

What Does Yesterday's CPI Data Mean For The Markets?

Written by:Content Normalization Editor transformation
What Does Yesterday's CPI Data Mean For The Markets?
Sign in to like this article

Share this article

📰 This is a news preview

This article contains a brief summary. Click the button below to read the full story at the original source.

Read Full Article

Bitcoin ( CRYPTO: BTC ) and the S&P 500 dropped yesterday after the U.S. CPI data from March was released. Year-over-year CPI was up 8.5%, which is more than the expected 8.4% and another record high CPI reading for the past 40 years. This is what grabbed the headlines, hence adding further concer

Written by: Marcus Sotiriou

This article is republished with proper attribution to the original publisher. We appreciate their journalism and encourage readers to support the original source.