Correlation Between US CPI Data and BTC Price

3 Jun

Correlation between US CPI data and Bitcoin price in the following period since Nov '23:

• 14 Nov '23: CPI -0.5% > BTC +22.59%
  
• 12 Dec '23: CPI -0.1% > BTC + 16.29%
  
• 11 Jan '24: CPI +0.3% > BTC -17.36%
  
• 13 Feb '24: CPI -0.3% > BTC +45.84%
  
• 12 Mar '24: CPI +0.1% > BTC -15.68%
  
• 10 Apr '24: CPI +0.3% > BTC -18.21%
  
• 15 May '24: CPI -0.1% > BTC +17.38% (for now)
  
• 12 Jun '24: ???