Bitcoin spikes to $92,500 as U.S. December consumer prices rise 0.3%
Yahoo Finance·2026-01-13 22:05
U.S. inflation data came in line with expectations driving bitcoin (BTC) briefly above $92,000 in the minutes following the report. The consumer price index (CPI) rose 2.7% year over year in December, the same as in November, according to the Bureau of Labor Statistics' Tuesday report and as economists had estimated. Core CPI, which excludes food and energy, rose 2.6%, compared with forecasts of 2.7% and a prior reading of 2.6% in November. On a month over month basis, headline inflation came in at 0.3 ...