Correlation Between US CPI Data and BTC Price
Correlation between US CPI data and Bitcoin price in the following period since Nov '23:
- 14 Nov '23: CPI -0.5% > BTC +22.59%
- 12 Dec '23: CPI -0.1% > BTC + 16.29%
- 11 Jan '24: CPI +0.3% > BTC -17.36%
- 13 Feb '24: CPI -0.3% > BTC +45.84%
- 12 Mar '24: CPI +0.1% > BTC -15.68%
- 10 Apr '24: CPI +0.3% > BTC -18.21%
- 15 May '24: CPI -0.1% > BTC +17.38% (for now)
- 12 Jun '24: ???
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.