Bitcoin spikes with stocks as US inflation hits highest since 1981

2022.04.12 23:41

Bitcoin spikes with stocks as US inflation hits highest since 1981

Bitcoin (BTC) saw a brief boost on April 12 after the United States saw its highest Consumer Price Index (CPI) data since 1981.

Data from Cointelegraph Markets Pro and TradingView showed BTC/USD spiking $400 instantly as the data was released.

Source