US Inflation Meets Expectations at 2.7%, Boosting Bullish Optimism for Crypto

The US Consumer Price Index (CPI) for November showed a 2.7% year-over-year increase, matching forecasts. Core CPI, which excludes food and energy, rose 3.3%, also aligning with expectations. When inflation is high, investors may seek assets like Bitcoin to preserve value. However, since the latest CPI figures met expectations, Bitcoin’s price remained relatively stable following this news. Is... source: https://beincrypto.com/us-inflation-matches-forecasts-bullish-crypto-signal/