U.S. CPI Softer Than Expected at 0.3% in April; Bitcoin Rises to...

U.S. CPI Softer Than Expected at 0.3% in April; Bitcoin Rises to $63.7K

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Source: Coindesk.com

Both the headline and core rates of inflation fell modestly in April April retail sales data was also showed some softness Under pressure of late on ideas that interest rates were likely to stay higher for longer, bitcoin rose more than 1% on the news.

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The post "U.S. CPI Softer Than Expected at 0.3% in April; Bitcoin Rises to $63.7K" appeared first here Coindesk.com.

Source: Coindesk.com

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