Bitcoin steadies below $99,000 as US inflation data meets expectations

2024-12-12 17:15

Bitcoin traded near $98,000 Wednesday after US November inflation data aligned with forecasts.

The annual inflation rate reached 2.7%, matching consensus up 0.1%, while core inflation held at 3.3%, according to Trading Economics data. Monthly figures recorded 0.3%, slightly above last month’s 0.2%, and the Consumer Price Index stood at 315.49.

US inflation data (Source: TradingEconomics)

Bitcoin has maintained levels above $90,000 since breaking $100,000 on Dec. 5, when it reached $103,800. It recently hovered below six figures after briefly touching $94,000 on Nov. 21 before rebounding. Bitcoin price appears largely unaffected by the new CPI data as of press time.

The post Bitcoin steadies below $99,000 as US inflation data meets expectations appeared first on CryptoSlate.

origin »

Bitcoin price in Telegram @btc_price_every_hour

Streamr DATAcoin (DATA) на Currencies.ru

$ 0.0019789 (-7.62%)
Объем 24H $2.192m
Изменеия 24h: -20.36 %, 7d: -46.61 %
Cегодня L: $0.0019789 - H: $0.0022785
Капитализация $2.475m Rank 1509
Цена в час новости $ 0.0505983 (-96.09%)

inflation bitcoin data annual rate forecasts reached

inflation bitcoin → Результатов: 126


Фото:

Bitcoin investors should worry about a huge fertilizer price surge that threatens to blow up the inflation narrative

Bitcoin investors may be watching CPI prints, but the real inflation stress is showing up in stranger places. Inflation looks like it’s easing, until you zoom in. Beef prices are up sharply, fertilizer costs are reaccelerating, and several niche input series are diverging in ways that don’t fit the clean “cooling” narrative.

2026-1-20 16:15