Bitcoin experienced a decline in its value, mirrored by global stock markets, in response to the latest U.S. inflation report that exceeded expectations. This economic data highlighted a higher-than-anticipated Consumer Price Index (CPI), indicating increased inflationary pressures in the U.S.
The economic landscape was further compounded by a surge in weekly jobless claims, which contributed to the overall negative sentiment in financial markets. These combined factors led to a decrease in both Bitcoin's value and global stock indices as investors recalibrated their positions.
Fonte: www.theblockcrypto.com ↗
