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CPI-U tracks the purchasing power of the US dollar, while US approval of ETFs enables institutional access to Bitcoin.

4 reports, 3 independent Updated Sep 21
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2
Repetition
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What happened

Well supportedReported by 3 independent outlets

CPI-U tracks the purchasing power of the US dollar, while US approval of ETFs enables institutional access to Bitcoin.

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What this event is mainly about

How it developed

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  1. Bitcoin saw a 3.4% YoY price increase in August, fueled by ETF inflows amid inflation.1 source
  2. CPI-U data released alongside US ETF approval boosting institutional Bitcoin access.1 source

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