US CPI at 2.7% Fuels Bitcoin Price to Reclaim $100K Mark

Quick Summary:

In order to get a sense of the state of the economy, investors were waiting with bated breath for the US CPI figures.

In particular, the most recent numbers revealed that inflation rose slightly to 2.7% in November from 2.6% the previous month.

It was consistent with market forecasts and stayed the same as October’s number.

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Article Details

Author / Journalist: Ashfaq

Category: Crypto

Markets: United Arab Emirates

Topics: Altcoin Market News Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-11 @ 16:06:12 (20 hours ago)

News Timezone: GMT +0:00

News Source URL: thenewscrypto.com

Language: English

Article Length: 295 words

Reading Time: 2 minutes read

Sentences: 24 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © TheNewsCrypto

News ID: 24361790

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About TheNewsCrypto

Main Topics: Crypto

Official Website: thenewscrypto.com

Update Frequency: 20 posts per day

Year Established: 2020

Headquarters: United Arab Emirates

News Last Updated: 16 hours ago

Coverage Areas: United Arab Emirates

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #125

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