U.S. Inflation Rises To 4-Decade High; Is A Crypto Crash Inevitable?

U.S. inflation has grown worse in February to a fresh four-decade high. The consumer price index (CPI) rose 7.9% which is a 0.5% increase from January. The Russian-Ukraine conflict is the main reason behind this massive drop. However, Bitcoin price didn’t react much to this fall. BTC prices dropped to the $38,500 mark then quickly

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Publication date

03/10/2022 - 17:12

Author

Ashish Kumar

Article source

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