Bitcoin Seeks Liquidity as US CPI Inflation Hits Lowest Since 2021
Bitcoin surged to $89K after US CPI inflation hit 2.7%, its lowest since 2021, sparking volatility and market liquidations. Bitcoin faced increased volatility following the release of the US Consumer Price Index (CPI) for November. The CPI came in at 2.7% year-over-year, its lowest level since March 2021. As a result, Bitcoin’s price surged to...
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