Crypto Under Pressure As White House Warns of ‘Extraordinarily Elevated’ March CPI

On Tuesday (April 12), Bitcoin and other cryptoassets — as well as U.S. stock futures — are under pressure as investors wait for the U.S. Bureau of Statistics to release March 2022 Consumer Price Index (CPI) data. According to the Bureau of Labor Statistics, the CPI is “a measure of the average change over time in the […]