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Bitcoin, Ether Jump After US CPI Report Shows Slower-Than-Expected November Inflation

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Bitcoin (BTC), the largest cryptocurrency by market value, which has been relatively steady so far in December, jumped 1.6% in the minutes after the report was released, to about $17,930; it’s up 5.2% over the past 24 hours. Ether (ETH), the native cryptocurrency of the Ethereum blockchain and the second overall, is up 6.9% over 24 hours to $1,335. The CoinDesk Market Index (CMI) rose 3.8%.

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