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    Home ยป Large Bitcoin Volatility as US Inflation (CPI) Clocks in at 7.1% For November
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    Large Bitcoin Volatility as US Inflation (CPI) Clocks in at 7.1% For November

    cryptodailysignalsBy cryptodailysignalsDecember 13, 2022No Comments1 Min Read
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    The U.S. Bureau of Labor Statistics launched figures for the Shopper Value Index.

    It’s the mostly used indicator for measuring inflation in the USA, recording 7.1%.

    • As is the case more often than not, this has precipitated large turmoil within the cryptocurrency market, with most cash experiencing extreme volatility.
    • On the time of this writing, the value of Bitcoin on Binance is round $17,800.
    btc_price_chart_131201
    Supply: Binance through TradingView

    • BTC surged to a excessive of $18,000.
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