U.S. CPI Meets Estimates, Rising 0.2% in October; Bitcoin Moves Above $89K

U.S. CPI Meets Estimates, Rising 0.2% in October; Bitcoin Moves Above $89K

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Source: Coindesk.com

October CPI data for the U.S. met economist estimates. The price of bitcoin rose above $89,000 following the numbers. The chances of another Fed rate cut in mid-December jumped to 69% just after the data. Bitcoin Breaks

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The post "U.S. CPI Meets Estimates, Rising 0.2% in October; Bitcoin Moves Above $89K" appeared first here Coindesk.com.

Source: Coindesk.com

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