Bitcoin

Bitcoin has surged to a new nine-month high of $26,373 on March 14, driven by the United States Consumer Price Index (CPI) data that showed mixed inflation signals.The CPI reported an inflation increase of 6% year-on-year while month-on-month rose 0.4%. Items less food and energy increased by 0.5%.After the release of the CPI data, Venturefounder, a contributing analyst at on-chain analytics platform CryptoQuant, suggested that the market is now anticipating a “pivot” on hikes, which would benefit risk assets more broadly.Read the article about<a href="https://crypto.ro/en/analysis/bitcoin-surges-to-nine-month-high-of-26500-responding-positively-to-cpi-data/" rel="noopener noreferrer nofollow"> CPI&#39;s impact on Bitcoin</a>.

Bitcoin surges to nine-month high of $26,500, responding positively to CPI data

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