Quick Take
- YOY Core CPI was forecasted to come in at 5.5%. The result was 5.5%
- CPI year over year was forecasted to come in at 6.0%. The result was 6.0%.
- Bitcoin has smashed through $25,000
- Core inflation accelerates month-over-month from +0.4% in January to +0.5% in February.
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Source: https://cryptoslate.com/insights/bitcoin-smashes-through-25000-on-expected-cpi-news/