Bitcoin Rises as US Inflation Jumps to New High of 6.8% in November After 39 Years

Name: Bitcoin Rises as US Inflation Jumps to New High of 6.8% in November After 39 Years
Uploaded: 2021-12-11T02:00:42Z
Duration: 7 min 458 s
Description: The U.S. Labor Department’s Consumer Price Index (CPI), closely tracked by bitcoin traders, rose 6.8% in the 12 months through November, the highest since May 1982. Bitcoin jumped 2% in the minutes after the news. “The Hash” panel explains the impact of inflation on the global economy and what it means for the crypto market.

Dec 11, 2021

The U.S. Labor Department’s Consumer Price Index (CPI), closely tracked by bitcoin traders, rose 6.8% in the 12 months through November, the highest since May 1982.

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