Bitcoin and Other Crypto Prices Pump After US Retail Sales and PPI Inflation Falls More Than Expected
Bitcoin and wider crypto prices are getting a strong tailwind today after the release of the latest US economic data shows softening inflation and slowing retail sales. Bitcoin at the time of writing is priced at $21,565...
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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
Bitcoin at the time of writing is priced at $21,565, up 0.9% and Ethereum is currently 0.85% higher at $1,602.
The closely watched US retail sales figure fell -1.1%, greater than the -0.8% forecast by economists....
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This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
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