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Cryptela — Cryptocurrency News and Market Intelligence
cryptonews 2023-01-18 14:29:00

Bitcoin and Other Crypto Prices Pump After US Retail Sales and PPI Inflation Falls More Than Expected

Bitcoin and wider crypto prices are getting a strong tailwind today after the release of the latest US economic data shows softening inflation and slowing retail sales. Bitcoin at the time of writing is priced at $21,565, up 0.9% and Ethereum is currently 0.85% higher at $1,602. The closely watched US retail sales figure fell -1.1%, greater than the -0.8% forecast by economists.... Read More: Bitcoin and Other Crypto Prices Pump After US Retail Sales and PPI Inflation Falls More Than Expected
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