Crypto Update | Inflation Slows Down, but Prices Are Still Up
Markets Outlook
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Introduction
The Consumer Price Index, or CPI, which stands in for inflation, came in this morning at 3% year over year. This is the lowest level since early 2021. The CPI announcement had little effect on crypto prices, with Bitcoin still trading in that tight $30,000 range. And although fireworks were expected because of the CPI print, there's not much to report from a crypto market perspective today.
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Transcript
