Bitcoin Price Swings Following Release of U.S. Inflation Data
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Watch CoinDesk Video: Bitcoin Price Swings Following Release of U.S. Inflation Data.
Bitcoin (BTC) is teetering after Wednesday morning’s Consumer Price Index (CPI) report, released by the Bureau of Labor Statistics, showed that annual inflation slowed to 4.9% in April from 5% in March and less than the forecast 5%. CoinDesk Senior Research Analyst George Kaloudis presents “The Chart of The Day.”
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