Bitcoin price falls under $29.5K after 'unexpected' 40-year high US inflation
The ghost of the highest inflation since 1981 gets traders pricing in three more 0.5% rate hikes by October.
Archive context
Older archive item. Useful for background and entity history, but not a fresh market-moving signal.
The ghost of the highest inflation since 1981 gets traders pricing in three more 0.5% rate hikes by October.
Why this matters
This bitcoin story adds another data point to the current market tape and is useful when read alongside nearby source coverage.
Original source
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