BTC price strength accompanied the December print of the US Consumer Price Index (CPI), which met expectations. Like the Producer Price Index (PPI) the day prior, the release showed that inflation ...
In the chart above, we can see that the downtrend in the U.S. dollar, which began on December 19, 2016, at $103.10, led to a sharp rise in the price of BTC from $890 to $18,953 ... we have to monitor ...