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Market Wrap: US Inflation Slows, Crypto Markets Accelerate

Bitcoin jumped sharply on CPI news before moderating.

By Glenn Williams Jr., Jimmy He
Updated May 11, 2023, 4:56 p.m. Published Aug 10, 2022, 8:50 p.m.
There was much movement in crypto and stocks after release of slowing U.S. inflation data. (Timon Studler/Unsplash)
There was much movement in crypto and stocks after release of slowing U.S. inflation data. (Timon Studler/Unsplash)