{"id":"tp-11524","type":"article-newspaper","title":"US CPI Surges to 3.5%, Bitcoin Tumbles Amid Inflation Fears","author":"Sheena Jordan","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/11524","datePublished":"2024-04-11T09:49:17.000Z","dateModified":"2024-04-11T09:49:17.000Z","language":"en","abstract":"In a striking development, the US CPI for March soared to 3.5%, exceeding forecasts and intensifying inflation concerns. This uptick has notably influenced Bitcoin's trajectory, leading to a sharp decline as investors…","section":"Business","references":[{"title":"CoinGape","url":"https://coingape.com/breaking-bitcoin-breaks-key-support-as-us-cpi-comes-in-hot-at-3-5/?fbclid=IwAR1mn4eVEI44vqQ6aHLbmkprBrVszy9WWKpBAcnEdrA122PE5j5BAUcuJIA_aem_ATUHb9hJxEwTzBRWu8ybBX_NQUDZVcSAzrErj7HsMSPKrlMD7C9xKGSuxWrNHKeBLuLoEvhN9yD6yMQdT00vAPh1"},{"title":"Reuters","url":"https://www.reuters.com/markets/us/futures-tread-higher-ahead-latest-inflation-test-2024-04-10/#:~:text=The%20March%20reading%20of%20the,%2C%20versus%203.8%25%20in%20February."},{"title":"CME FedWatch Tool","url":"https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html"},{"title":"predicted","url":"https://coingape.com/cpi-jpmorgan-other-banks-estimates-higher-inflation-bitcoin-to-fall-below-60000/"},{"title":"Microsoft Bing","url":"https://www.bing.com/images/create/us-cpi-surges-to-35252c-bitcoin-tumbles-amid-inflat/1-6616aada6d954294b6015f5085977ce0?id=DA2Xh%2bU7Zcz5OYqCQeEi5g%3d%3d&view=detailv2&idpp=genimg&thId=OIG2.PfuuYqdFNoD7EF9JDM8G&FORM=GCRIDP&mode=overlay"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}