Data from the U.S. Bureau of Labor Statistics show that in December, the Consumer Price Index (CPI) increased by 2.7% year-over-year, in line with expectations; core CPI was 2.6%, slightly below expectations. After the data release, Bitcoin rose slightly to above $92,000, and silver prices also hit a new high of over $87 per ounce. Analysts point out that implied volatility in the cryptocurrency market has decreased, indicating that traders believe the impact of macroeconomic data is weakening, and market sentiment remains fragile.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Data from the U.S. Bureau of Labor Statistics show that in December, the Consumer Price Index (CPI) increased by 2.7% year-over-year, in line with expectations; core CPI was 2.6%, slightly below expectations. After the data release, Bitcoin rose slightly to above $92,000, and silver prices also hit a new high of over $87 per ounce. Analysts point out that implied volatility in the cryptocurrency market has decreased, indicating that traders believe the impact of macroeconomic data is weakening, and market sentiment remains fragile.