What happened
Cryptocurrencies rose Thursday morning as new inflation data for December was in line with expectations.
Since Wednesday afternoon, the world’s largest cryptocurrency, Bitcoin (BTC 4.41%), has traded roughly 3.3% higher and had topped $18,000 as of 10:12 a.m. ET today. The world’s second-largest crypto, Ethereum (ETH 4.67%), traded roughly 3.5% higher, while the meme token Dogecoin (DOGE 2.77%) was up about 1.1%.
So what
Investors were anxiously awaiting key new inflation data…
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