Bitcoin and ether rise after largely in-line inflation data

  • Bitcoin and ether rose after the release of today's inflation data.
  • Analysts said the largely in-line CPI reading did little to change Fed rate expectations.
  • Bitget analyst Lewis Huang was cited in connection with the market move.

Bitcoin and ether rose after today's inflation data, as analysts judged the largely in-line CPI reading insufficient to alter expectations for the Federal Reserve's rate path. The assessment left the broader crypto rally intact. Bitget analyst Lewis Huang was also cited in connection with the move.

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Bitcoin and ether rise after largely in-line inflation data - CoinPost Terminal