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Bitcoin recovers $ 40,000 area, US inflation does not break down cryptocurrencies

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Bitcoin recovers $ 40,000 area, US inflation does not break down cryptocurrencies
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Bitcoin rises above 40 thousand dollars with a new surge in US inflation that has not led to major shocks on the cryptocurrency at the moment, coming from a series of sessions in tune with the downside. The prices of the largest cryptocurrency by value travel in the area of ​​$ 40,340 after having reached a minimum of $ 39,253 in the last 24 hours (minimum since March 16). Ethereum also recovered from its lows, rising above $ 3,000.

US inflation marks + 8.5% in March from 7.9% the previous month. This is the fastest growth rate since 1982. Price pressures should cause the Fed to raise rates substantially (50bps) in the next meeting.

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