Bitcoin price hikes by +5% after softer-than-expected U.S CPI report

Benjamin Njiri

U.S CPI data rose to 0.3%, slightly below the expected 0.4% in April.
Market saw some relief after April’s slow inflation reading, with BTC jumping by +5%

Risk-on markets, including Bitcoin

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Bitcoin price hikes by +5% after softer-than-expected U.S CPI report