CPI beats expectations; Bitcoin trading over $30k

CPI YOY came in at 5.0% and Bitcoin reacts positively on the news

James Van Straten
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James Van Straten
This article was published 3 years ago. Some details may no longer reflect current market conditions or recent developments. If you spot anything that needs an update, contact us.
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Quick Take

  • CPI for March was in line with expectations and forecasts

Core CPI YOY:

  • The Core CPI for February was 5.5%
  • The forecast for the month of March was 5.6%
  • March Core CPI was in line with expectations at 5.6%

CPI YOY:

  • The CPI for February came in at 6%
  • The forecast for March was 5.1%
  • March CPI came in slightly below expectations at 5.0%

Bitcoin has reacted positively and is now trading at $30,300 as of press time.

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BTCUSD: (Source: TradingView)
BTCUSD: (Source: TradingView)
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James Van Straten
James Van Straten
Former Lead Analyst CryptoSlate

James fervently appreciates data, technology, and trend-spotting. As a tech and liberty maximalist, he hails Bitcoin as the 21st century's paramount invention.

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