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Bitcoin (BTC) falls after "hot" U.S. inflation data, BlackRock's BTC ETF fund/s are now worth $10 Billion. BTC as a non-currency or asset, market cap worth is close to $1.7 Trillion. Its capitalized value is nearly as much as Amazon.

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U.S. CPI comes in at 3.4% December 2023, as opposed to November at 3.1%. Costs rose across the board sans a slight drop in energy. The NASDAQ dropped then popped on the news, forming a possible bull trap near or at 17000.

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Consumer Price Index comes in way lower that the 8% expectations. Way too low at 7.7% which is akin to a collapse in inflation, this will evoke the controversy of the CPI to be flawed in accuracy. Market juiced up on the news, short covering and 6% rally via the S&p 500. oil remains bid over $85.

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Inflation blows out to a 40 year high, markets sell off, then mega rally on a HFT glitch and short covering. Strange days.

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U.S. CPI blows out to a four decade high at 9.2%. Inflation rate is now reaching double digit numbers, while Central Banks are still sitting on low rates. The situation, economically is dire.

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CPI blows out, most rise in Food and Energy since 1981. A stagflation energy and food crisis beatdown on the boil. Will Central Banks begin to lift rates to be on par with 1970's and 1980's inflation?

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