CPI Inflation Rate Cools down to 7.1%, Bitcoin Surge! 

US CPI comes at 7.1% in November 2022, The inflation rate came in below expectations.

[{"selector":"#anim-4ab8973e-4e53-42d3-a50c-672b290060e0","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9e139b52-e592-49fd-a59a-46b577106a6e","keyframes":{"transform":["rotate(-360deg) translate3d(114.15094%, 0px, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

Bitcoin price surged 5% heading towards $18k following the CPI report released.

[{"selector":"#anim-b6c17ba0-27d5-47c7-b8b1-2d4384dc94a1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-aa45e3cb-647b-457a-97f7-8d1e395b53bc","keyframes":{"transform":["rotate(-360deg) translate3d(114.15094%, 0px, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]

The monthly Core CPI came in at 0.2%, While analysts' estimated it to hit 0.3%.

[{"selector":"#anim-a99af4ee-7b7e-4930-96ab-136a0db932fe","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9e0ceb61-544d-4cf0-9420-14e399d04e95","keyframes":{"transform":["rotate(-360deg) translate3d(114.77986%, 0px, 0) rotate(360deg)","rotate(-360deg) translate3d(0px, 0px, 0) rotate(360deg)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}]