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Bitcoin also reacts to US CPI as it lifts above 69k

The dollar and stocks are not the only instruments to react to lower than expected US CPI report. Bitcoin has charged higher on this news. The lead coin has spiked above 69k. BTC was trading below 68k ahead of this release. It has spiked to a high so far at 69,457. The rise comes amid lower US yields (2 year note now around 0.15% lower than before the CPI data) and a charge higher in the Nasdaq 100 and likely rebound for NVDA too. The lower dollar is also a positive for BTC. It is just now trading at 69,360
 

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