Bitcoin Surges 8% After U.S. Inflation Data
Bitcoin surged over 8% within 24 hours, reacting to the latest U.S. inflation data. The consumer price index (CPI) in the U.S. rose 0.3% in April, compared to 0.4% in March, according to the U.S. Department of Labor. Over the past 12 months, inflation has accumulated to 3.4%. Market expectations had anticipated a monthly increase […]