Bitcoin, Ether Jump After U.S. CPI Report Shows Slower-Than-Expected November Inflation

Bitcoin (BTC), the largest cryptocurrency, which has been relatively steady so far in December, jumped 1.6% in the minutes after the report was released, to about $17,930; it’s up 5.2% over the past 24 hours. Ether (ETH), the native cryptocurrency of the Ethereum blockchain and the second overall, is up 6.9% over 24 hours to $1,335. The CoinDesk Market Index (CMI) rose 3.8%.

Source: https://www.coindesk.com/markets/2022/12/13/bitcoin-as-november-inflation-data-shows/?utm_medium=referral&utm_source=rss&utm_campaign=headlines