Bitcoin breaks £23,000 as UK inflation hits double-digits, markets price in 25bps for the BOE

Bitcoin breaks £23,000 as UK inflation hits double-digits, markets price in 25bps for the BOE

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Quick Take UK CPI YOY came in hot at 10.4% when it was forecasted to come in at 9.9%. UK core CPI YOY came in at 6.2% — while it was forecasted to come in at 5.8%. This CPI result came after politicians in the UK called for “inflation has peaked.” UK HICP inflation is growing at the fastest rate…

#quicktake #hicp #g7 #bankofengland #gbpusd #btcgbp #bitcoin #boe #cryptoslate

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