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Market Cap:
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CoinGape
2022-07-13 12:50:11

Breaking: Bitcoin (BTC) Plummets After Red-Hot Inflation

Breaking: Bitcoin (BTC) Plummets After Red-Hot Inflation

The US Bureau of Labour Statistics released its Consumer Price Index for the month of June 2022. The CPI is revealed to be at 9.1%, the highest inflation increase in the US in 40 years. The CPI is a strong measure of inflation and dictates the Federal Reserves’ monetary policy in response to inflation. Within The post Breaking: Bitcoin (BTC) Plummets After Red-Hot Inflation appeared first on CoinGape.

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