US Annual CPI Drops Below Expectations To 3.2%! Bitcoin Price Sets Target Of $40K

The post US Annual CPI Drops Below Expectations To 3.2%! Bitcoin Price Sets Target Of $40K appeared first on Coinpedia Fintech News The US Bureau of Labor Statistics (BLS) announced on Tuesday that the annual inflation rate in the United States, gauged by the Consumer Price Index (CPI), decreased to 3.2% in October. This significant decrease indicates a slowing in the rate of inflation, triggering a rebound in the crypto market with BTC price surging from $36K …