Latest news about Bitcoin and all cryptocurrencies. Your daily crypto news habit.
40-Year High Inflation Surged Another 100bps in June: Tailwind for Bitcoin?
Inflation is raging through the U.S. dollar economy. A new print out Friday from the Commerce Department shows it surged sharply again in June. Over the same period, the spot price of Bitcoin also rallied dramatically.
Disclaimer
The views and opinions expressed in this article are solely those of the authors and do not reflect the views of Bitcoin Insider. Every investment and trading move involves risk - this is especially true for cryptocurrencies given their volatility. We strongly advise our readers to conduct their own research when making a decision.