via CoinDesk · By CoinDesk Staff
Live markets: Bitcoin holds $80,000 as stocks sink, yields rise on ugly inflation print
BTC/USDT
$5,021,856,373.42
$64,940.51 / $64,263.03
Change: $677.48 (1.05%)
+0.0020%
Longs pay
Core consumer prices — which would have stripped out what everyone already knew were surging energy costs — rose 0.4% in April, double March's 0.2% pace and higher than 0.3% expected by economists.
On a year-over-year basis, core CPI rose 2.8% versus 2.6% in March and 2.7% forecast.
Headline CPI — which does include energy costs — was higher by 3.8% in April versus just 3.3% in March and 3,7%…
COINOTAG does not provide financial advisory services. This content is for informational purposes only and should not be considered investment advice. Cryptocurrency investments involve high risk.
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