US CPI Rate falls to 3.3%, Bitcoin Price Surges to $69K 

The post US CPI Rate falls to 3.3%, Bitcoin Price Surges to $69K  appeared first on Coinpedia Fintech News

The US inflation rate fell to 3.3%, lower than expected. The CPI Rate was unchanged in May after rising 0.3% in April. Economists expect that the monthly pace of inflation slowed to 0.1% last month, down from a growth rate of 0.3% in April. Bitcoin and major altcoins saw a bullish trend following the CPI report. BTC Price Surged back above $69K while altcoins are seeing decent gains.