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Inflation Cools and Stocks Rise, So Why Is Bitcoin Still Floundering?

The cryptocurrency rallied momentarily Thursday morning before dropping back to $85K later in the day. Why Is Bitcoin Stuck With Inflation Cooling and Stocks Up? The Bureau of Labor Statistics (BLS) published its long-aw...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Inflation Cools and Stocks Rise, So Why Is Bitcoin Still Floundering?
The cryptocurrency rallied momentarily Thursday morning before dropping back to $85K later in the day. Why Is Bitcoin Stuck With Inflation Cooling and Stocks Up? The Bureau of Labor Statistics (BLS) published its long-awaited Consumer Price Index (CPI) report on Thursday, revealing cooler-than-expected inflation data. Stocks rose on the news, and so did bitcoin, albeit […]

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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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