American inflation worked unexpectedly in January, sending a crypto and traditional markets, which are highly lower.
The consumer price index (IPC) watched by Regarda (IPC) increased by 0.5% in January against 0.3% expected and a rate of 0.4% of December. Over one year on the other, the IPC was 3.0% higher compared to forecasts of 2.9% and 2.9% in December.
The so -called basic ICC, which excludes food and energy costs, increased by 0.4% in January against 0.3% and 0.2% expected in the previous month. One year to the other, the basic ICC was 3.3% higher against 3.1% expected and 3.2% in December.
Already exchanging the downward trend this week, the price of Bitcoin (BTC) has dropped sharply in times that followed the disappointing report, displaying below $ 95,000.
The term contracts on the US stock market index fell by around 1% on news and the 10 -year treasure yield jumped from 10 base points to 4.63%. Gold fell by more than 1% and the dollar index increased by 0.5%.
After erupting $ 100,000 shortly after Donald Trump’s electoral victory in November, Bitcoin exchanged a beach between $ 90,000 and $ 109,000 on what has been having for more than two months now. The concerns of China to artificial intelligence (AI), the threat of trade wars and interest rates greater than hope due to the continuous force of the economy and inflation were all among the factors that would temperate prices.
Testifying yesterday before the congress, the president of the federal reserve, Jay Powell, reiterated that additional reductions in central banking rates are likely to be outside the table in the foreseeable future, with the exception of unexpected slowdowns in the ‘Economy or inflation.
