US Inflation at 6.8%. How Will It Impact Bitcoin's Price?
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Welcome back. It’s been a rather boring week as Bitcoin and other cryptos take a breather from last week’s bloodbath. But far from boring in terms of the new inflation rate. We’re currently at a whopping 6.8%, the highest since June of 1982. Let’s take a deeper dive into how bad things are and then discuss how the Fed’s response will affect risk-on assets like stocks as well as crypto.
US Inflation at 6.8%. How Will It Impact Bitcoin's Price?
US Inflation at 6.8%. How Will It Impact…
US Inflation at 6.8%. How Will It Impact Bitcoin's Price?
Welcome back. It’s been a rather boring week as Bitcoin and other cryptos take a breather from last week’s bloodbath. But far from boring in terms of the new inflation rate. We’re currently at a whopping 6.8%, the highest since June of 1982. Let’s take a deeper dive into how bad things are and then discuss how the Fed’s response will affect risk-on assets like stocks as well as crypto.