CPI at 0.4% broke Bitcoin’s US$73,000 floor. What happens if the Fed goes bigger?

As anticipated yesterday, Bitcoin fell below US$73,000 and touched a nearly three-month low after the October US CPI report came in hotter than forecast. Headline CPI rose 0.4 per cent month over month against a 0.3 per cent expectation, while core CPI rose 0.3 per cent against a 0.2 per cent expectation. Bitcoin was down […] The post CPI at 0.4% broke Bitcoin’s US$73,000 floor. What happens if the Fed goes bigger? appeared first on e27.