{"id":"tp-11811","type":"article-newspaper","title":"Bitcoin Soars on Cooling US CPI Inflation Data, Investor Sentiment Improves","author":"Sheena Jordan","publisher":"TOKENPOST Inc.","url":"https://www.tokenpost.com/news/business/11811","datePublished":"2024-05-16T01:20:45.000Z","dateModified":"2024-05-16T01:20:45.000Z","language":"en","abstract":"The Bitcoin price remains constant, as investors appear to have dismissed inflation concerns, particularly following the recent U.S. The Consumer Price Index (CPI) has been released. Notably, market investors were kee…","section":"Business","references":[{"title":"U.S. The Labor Department","url":"https://www.bls.gov/news.release/cpi.nr0.htm"},{"title":"U.S. The Consumer Price Index (CPI)","url":"https://coingape.com/glossary/consumer-price-index-cpi/"},{"title":"inflation","url":"https://coingape.com/education/what-is-inflation-what-causes-it-and-its-effects-4-examples-of-inflation/"},{"title":"U.S. PPI inflation","url":"https://coingape.com/bitcoin-holds-61k-mark-despite-gloomy-us-ppi-data/"},{"title":"Jerome Powell","url":"https://coingape.com/jerome-powell-speech-today-fed-chair-slightly-hawkish-after-inflation-data-bitcoin-jitters/"},{"title":"Bitcoin price","url":"https://coingape.com/price/bitcoin/"},{"title":"Bitcoin Futures Open Interest (OI)","url":"https://www.coinglass.com/BitcoinOpenInterest"},{"title":"Microsoft Bing","url":"https://www.bing.com/images/create/bitcoin-soars-on-cooling-us-cpi-inflation-data2c-in/1-6644f6dcdc454a95a499f5c5c3a78306?id=bpdX70FBEVNCte7OcfnIOg%3d%3d&view=detailv2&idpp=genimg&thId=OIG4.CtL8r3EeOEx_TxK6Rqro&FORM=GCRIDP&mode=overlay"},{"title":"TokenPost","url":"https://www.tokenpost.com"}]}