Improved Bitcoin volatility because the US VPI numbers are 6.5 %

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Von Krypto News Österreich

The US Ministry of Labor has just announced the number of inflation (CPI) for the last month of 2022, and they are 6.5 % in the annual comparison.

At the same time, most experts also stipulated the core CPI increase to 5.7 %.

  • Cryptopotato reported at the beginning of this week that all eyes will be on the US Ministry of Labor next Thursday, with most estimates indicate that the number of inflation will be around 6 %.
  • The actual figures announced by the US government are exactly the same-an increase in the general consumer price index by 6.5 % in the annual comparison and an increase in core consumer price index by 5.7 % (without food and energy). Nevertheless, both are still the highest December jumps in over 40 years.
  • As with previous US CPI announcements, this had an immediate impact on the price of Bitcoin.
  • The asset has been on the rise since the beginning of the year and has increased almost $ 2,000 in less than two weeks.
  • This led to a price jump to a monthly high of $ 18,400. However, the US CPI numbers brought BTC from over $ 18,300 to just under $ 18,000 within a few minutes. So far, however, the asset has recovered somewhat and is again over $ 18,000.