Sentiment: Positive
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CPI comes better than expected, Bitcoin breaks $28,000 – core inflation doesn’t budge
By James Van Straten at 2026-05-06 00:26
Sentiment: Positive
Quick Take CPI year-over-year came in at 4.9%. It was expected to come in at 5.0% While core CPI year-over-year came in at 5.5% and was expected at 5.5% Bitcoin broke $28,000 on the news of CPI. CryptoSlate will post more CPI data throughout the day, but core inflation seems to be the big issue, […] The post CPI comes better than expected, Bitcoin breaks $28,000 – core inflation doesn’t budge appeared first on CryptoSlate. Continue reading...
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