Jonbinh pfp
Jonbinh
@999eth
BTC Price Stalls After CPI Inflation Cools Data from Bitcoin Magazine shows BTC/USD has fallen again after failing to reclaim the $104,000 support level. The decline came despite a lower-than-expected US Consumer Price Index (CPI) report for April, which is seen as good news for risk assets. “The all-item index rose 2.3% in the 12 months ending in April, following a 2.4% increase in March,” the official release from the US Bureau of Labor Statistics (BLS) confirmed.
0 reply
0 recast
1 reaction