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| Inflation and Bitcoin: A Stronger Relationship than Expected?

Every time the Consumer Price Index (CPI) report is released, market tension rises. Why? Because inflation not only affects the traditional economy, but it also shakes the crypto markets!

In April, the CPI index rose by 0.4%, which heightened fears of the Federal Reserve continuing its tightening policy. The result? A clear fluctuation in the price of Bitcoin, which dropped at the moment of the announcement, but quickly climbed back up with increasing demand as an alternative asset to hedge against inflation.

Investors have become more aware that Bitcoin can indeed be digital gold. And with every new CPI report, interest in monitoring the reaction of the digital market increases.

Follow us to analyze every price movement moment by moment!

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