Bitcoin Reverses Initial Losses as US Inflation Jumps More Than Expected
Prices of bitcoin (BTC) and ethereum (ETH) initially fell today, before later trimming losses, as traders feared more aggressive monetary policy tightening after the US Consumer Price Index (CPI) showed that inflation in...
Prices of bitcoin (BTC) and ethereum (ETH) initially fell today, before later trimming losses, as traders feared more aggressive monetary policy tightening after the US Consumer Price Index (CPI) showed that inflation in the world’s largest economy has reached 7.5% year-over-year, coming in well above analysts’ expectations....
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