Bitcoin spikes to $18,000 on better than expected CPI data

The release of consumer price index (CPI) data for November 7.1% Year-over-year (YoY).This worked better than the estimate 7.3% shape.
Bitcoin surged 2.6% on the news and was trading just under $18,000 at the time of writing.
Post Bitcoin Soars To $18,000 With Better Than Expected CPI Data, First Appears On CryptoSlate.