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Bitcoin Rises as Markets Digest Inflation Data Ahead of Fed Rate Decision

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Bitcoin Rises as Markets Digest Inflation Data Ahead of Fed Rate Decision

Inflation held at 3.4% and core cooled annually, but a hot monthly core reading kept Fed hike odds near 62% while crypto markets rallied broadly.

Key Takeaways

  1. Inflation held at 3.4% and core cooled annually, but a hot monthly core reading kept Fed hike odds near 62% while crypto markets rallied broadly.
  2. Read the full article for additional context and details.
  3. Read the full article for additional context and details.
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Summary generated by IndiCrypto from Decrypt. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.