The post US CPI Inflation Data Released: How Will Crypto React? appeared first on Coinpedia Fintech News
The U.S. Bureau of Labor Statistics has reported a slight decrease in the Consumer Price Index (CPI) for September, with inflation dropping to 2.4%, just above the expected 2.3%. This signals a positive shift in the financial sector, indicating that inflation is beginning to ease. Despite the good news, Bitcoin’s price dropped below $61,000 following …