CPI
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Bitcoin climbs above $62,000 after May CPI report
Iniulat ng AI Larawang ginawa ng AI
Bitcoin rose above $62,000 on June 10 after US inflation data came in line with expectations. The May Consumer Price Index rose 4.2% year over year, matching forecasts and marking the fastest pace in three years.
Inflation figures released this week surprised markets with hotter-than-expected readings, yet major stock indexes and cryptocurrency prices showed little lasting reaction.
Iniulat ng AI
US consumer prices rose more than expected in April, sending stocks lower and pushing bitcoin briefly under the key $80,000 level before a modest recovery. The data reinforced bets that the Federal Reserve will hold rates steady.
April 15, 2026 08:26