Dollar near 3-month high. Bitcoin compensated for some losses after falling briefly from approximately $50,000 to $48,325 at the end of yesterday’s trading.
US Department of Labor report yesterday showed that the consumer price index rose 0.3% on a monthly basis last January. This is more than the 0.2% rise expected by economists polled by Reuters. On an annual basis, the index rose 3.1%, compared to an expected increase of 2.9%.