CryptoSlate

CPI and PPI climb, crushing hopes for cheap money and leaving Bitcoin traders with an expensive dilemma

CPI and PPI climb, crushing hopes for cheap money and leaving Bitcoin traders with an expensive dilemmaWorldPing

US consumer prices increased faster in August, giving the Federal Reserve another reason to be cautious about lowering interest rates and leaving Bitcoin investors exposed to a prolonged period of expensive borrowing. The Consumer Price Index (CPI) rose 0.

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Bitcoin Price Spikes, Shrugs off Hot US Inflation Data

Bitcoin Magazine Bitcoin Price Spikes, Shrugs off Hot US Inflation Data The price of bitcoin is up, despite the fact that an interest rate hike could be just around the corner.

Brief by WorldPing · Original reporting by Bitcoin Magazine