Bitcoin

<h2 id="quick-take">Quick Take</h2>
<ul>
<li>CPI year-over-year came in at 4.9%. It was expected to come in at 5.0%</li>
<li>While core CPI year-over-year came in at 5.5% and was expected at 5.5%</li>
<li>Bitcoin broke $28,000 on the news of CPI.</li>
</ul>
<figure id="attachment_324049" aria-describedby="caption-attachment-324049" style="width: 1533px" class="wp-caption aligncenter"><img class="wp-image-324049 size-full" src="https://cryptoslate.com/wp-content/uploads/2023/05/BTC11.png" alt="BTCUSD:(Source: TV)" width="1533" height="989" srcset="https://cryptoslate.com/wp-content/uploads/2023/05/BTC11.png 1533w, https://cryptoslate.com/wp-content/uploads/2023/05/BTC11-300x194.png 300w, https://cryptoslate.com/wp-content/uploads/2023/05/BTC11-1024x661.png 1024w, https://cryptoslate.com/wp-content/uploads/2023/05/BTC11-768x495.png 768w" sizes="(max-width: 1533px) 100vw, 1533px" /><figcaption id="caption-attachment-324049" class="wp-caption-text">BTCUSD:(Source: TV)</figcaption></figure>
<p>The post <a rel="nofollow" href="https://cryptoslate.com/insights/cpi-comes-better-than-expected-bitcoin-breaks-28000/">CPI comes better than expected, Bitcoin breaks $28,000 – core inflation doesn&#8217;t budge</a> appeared first on <a rel="nofollow" href="https://cryptoslate.com">CryptoSlate</a>.</p>

CPI comes better than expected, Bitcoin breaks $28,000 – core inflation doesn’t budge

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