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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 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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