The US Consumer Price Index (CPI), which measures the inflation rate, was released today. The index decreased by 0.6% over the month and now stands at 6.5%. We covered the CPI in detail in this article.
According to the release, the actual values correspond to the predicted figures. This means that inflation is sinking at the expected rate and investors are gradually returning to the market.
Bitcoin is up 3% today, hitting $18,000 for the first time since Dec. 14
