nilla Aprilia on Nostr: Historically, Bitcoin has shown a positive correlation with CPI data releases. For ...
Historically, Bitcoin has shown a positive correlation with CPI data releases. For instance, following the last CPI data release, Bitcoin's price surged by 4%, reaching a peak of $31,500. This pattern suggests that favorable inflation data can lead to increased investor confidence and a subsequent rise in Bitcoin's value
Published at
2024-10-11 08:55:08Event JSON
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"content": "Historically, Bitcoin has shown a positive correlation with CPI data releases. For instance, following the last CPI data release, Bitcoin's price surged by 4%, reaching a peak of $31,500. This pattern suggests that favorable inflation data can lead to increased investor confidence and a subsequent rise in Bitcoin's value",
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