CandleFocus
BREAKING! US Inflation Data Announced! Here's Bitcoin's (BTC) First Reaction!
2025-02-12
Author: Content Editor
The recent tariff rate move by Donald Trump has had a negative impact on both Bitcoin and altcoins, causing high volatility for BTC and decline for altcoins. Analysts believe that Bitcoin and altcoins may be nearing their bottom, but the Federal Reserve's announcement of critical inflation data today adds uncertainty. The consumer price index, which measures consumer purchasing trends and inflation changes in the US, was higher than expected in both the annual and monthly readings. This news has further affected the crypto market, but it's important to note that this summary does not constitute investment advice.
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