BTC price shoots up $1.5K in seconds as US CPI shows inflation slowing

Bitcoin comes charging back after a single U.S. macro data print reverses days of BTC price declines.

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Bitcoin (BTC) spiked higher into the June 12 Wall Street open after United States inflation data delivered a surprise drop.

Data from Cointelegraph Markets Pro and TradingView captured a snap BTC price surge to $69,636 on Bitstamp.

Bitcoin gained $1,500 in seconds as the May print of the Consumer Price Index (CPI) showed inflation cooling faster than expected.

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