Bitcoin Bounces Again for $44,000! US CPI rose 7% in December, the highest in 39 years

The U.S. consumer price index (CPI) rose 7% year-on-year in December last year due to sharp increases in rental and used vehicle prices, the largest increase since June 1982. This has bolstered expectations that the US Federal Reserve will begin raising interest rates in early March.

"Reuters" reports that US CPI is 0.5% since one November last year. In addition to additional items, but the cost of the payment is more, but the value of 0.5% of the food fee is less than 3 months. Fruits and vegetables costs quickly, but the cow pure costs fast and fall big. 2.0%

Currently, inflation in the United States is still better than the Fed's 2% target, a crash in the economy has caused a wage crisis, and the US economy has fallen to 3.9% over 22 months. in December last year. The market now estimates that there is an 80% chance that the Fed will raise rates in March.

President Biden said in a recent statement on financial data: The report shows that we still have a lot of work to do and that inflation continues to rise, leading to a slowdown in construction.

Federal Reserve Chairman Jerome Powell told a Senate Banking Committee meeting on Monday that the Fed was tightly raising interest rates and starting to lower its bond balance by $ 8.8 trillion, but that the Fed could work dangerously. To do. Raise inflation to its highest level in 40 years without hurting the US economy.

Analysts believe that annual CPI growth could pick up in December or March of last year and there are signs that weak commodities have started to ease. Announced shipping improvements for December.

US stocks, Bitcoin nce

Although U.S. inflation has hit an almost 40-year high, according to a Reuters report, key data is in line with market expectations, allaying concerns that the Fed may apply more stringent measures, including major US commodities in the medium term. average of 12 The daily average was closed.

The Dow Jones Industrial Average gained 38.3 points (0.11%) to 36,290.32, the S&P 500 gained 13.28 points (0.28%) to 4,726.35 and the Nasdaq Composite gained 34 , 94 points (0.393.182%). Ten of the top 11 stocks on the S&P 500 closed higher after the release of US financials. The S&P 500 and Nasdaq Composite outperformed the Dow Jones Industrial Average, and product growth outpaced market prices.

Bitcoin (BTC) Continue to increase after the amount of moderate coins (and if it is 54,522 this morning, it fell a little about 43,568.

According to data from Coinmarketcap, the overall cryptocurrency market continues to recover as Bitcoin recovers, with ETHer (ETH) up 3.34% to $ 3,343, Binance Coins (BNB), Solana ( SOL), Cardano (ADA), Ripple Coins (XRP), data-driven Coinmarketcap., Terra. (Luna) and other key perks increased from 4% to 10%.

Ameriprise financial industrial economic industrial world industry worldwide Annowledge Anthnic Anthony, but the most USA and most recent data. The law enforcement indicates that the joint is not strictly than expected business.

SEBA bullish on Bitcoin, hits new highs

According to "CNBC" Report, Guido Bueher, Control Been Control, Switzerland, and Bitcoin should get $ 75,000 of this year by much and more.

Guido Buehler said, "According to our internal measurement model, the value of Bitcoin should be between $50,000 and $75,000. I believe that Bitcoin will reach this level. It is only with time.

When asked if bitcoin prices would hit a high last year, Guido Buehler said he wanted to be clear, but said bitcoin prices remained unchanged.