Crypto Currency

After the U.S. CPI Report revealed slower-than-expected November inflation, the price of bitcoin increased.

In a sign of success in the Federal Reserve’s drive to rein in spiralling inflation, the U.S. consumer price index (CPI) increased by 0.1% in November compared to the month before, less than forecast from October’s 0.4% pace. The CPI increased 7.1% on an annual basis, according to data released by the US Labor Department […]