Bitcoin prices moved slightly higher after a report showed the highest U.S. inflation in 40 years. However, bitcoin erased all these gains in short order, failing to provide support for the narrative that the cryptocurrency is an inflation hedge.
Bitcoin prices moved slightly higher after a report showed the highest U.S. inflation in 40 years. However, bitcoin erased all these gains in short order, failing to provide support for the narrative that the cryptocurrency is an inflation hedge.
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