Bitcoin updated ATH on the background of the publication of inflation data in the United States

On March 12, the US Department of Labor published data on the change in CPI. The indicator increased to 3.2% in annual terms.

Bitcoin updated ATH on the background of the publication of inflation data in the United States

In February 2024, the consumer price index (CPI) in the United States was 3.2% year-on-year. Against this background, as well as the beginning of the trading session on the American stock market, bitcoin has updated its historical maximum.

On a monthly basis, according to the US Department of Labor, inflation accelerated by 0.4%. Note that this is higher than the figure from January 2024. At the same time, in December 2023, it was 3.4%.

Shortly after the publication of the inflation data, the trading session on the American stock market began. Against this background, bitcoin made a rapid leap, testing the $73,000 mark.

Then he rolled away. At the time of writing, the asset is trading at about $72,000.

Source: https://incrypted.com/bytkoyn-obnovyl-ath-na-fone-publykatsyy-dannyh-ob-ynfljatsyy-v-ssha/

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