Bitcoin Hits Two-Month High as CPI Steadies and Short Covering Accelerates – Decrypt
In brief Roughly $587 million in crypto short positions were liquidated as Bitcoin’s price pushed to its strongest level since mid-November. December’s CPI showed inflation holding at 2.7% year over year, with modest monthly gains keeping Treasury yields and the dollar relatively stable. U.S. equities sent mixed signals early in earnings season, with bank stocks...
What's Your Reaction?
Like
0
Dislike
0
Love
0
Funny
0
Angry
0
Sad
0
Wow
0
