U.S. CPI Prints 0.3% in Dec; BTC Holds $92K as Rate-Hold Odds Firm

U. S. inflation re-accelerated at the margin in December as the Bureau of Labor Statistics reported that CPI-U was up 0. 3% m/m and 2. 7% y/y, with shelter up 0. 4% m/m as the largest contributor to the monthly rise. Bitcoin was trading at approximately $92,176. 63 (+1. 62% 24h) at the time of the release. Market Reaction and Rate OutlookCore inflation […] source: https://cryptonews.com/news/us-cpi-0-3-dec-bitcoin-holds-92k-fed-parked/