BUSINESSDECRYPT
Bitcoin, Ethereum Resume Rebound as Inflation Hits 3-Year High
Bitcoin and Ethereum have resumed a rebound as inflation reaches a 3-year high. The inflation reading is likely to support restrictive monetary policy.
Related Signal
Adjacent reporting
- US inflation hits highest level in three years
- Czech Inflation Slows, Weakening Case for an Imminent Rate Hike
- Key inflation gauge worsens, eroding Americans’ income and spending power
- Inflation escalates to 3-year high. And it might get worse before it gets better.
- Eurozone inflation rises to 3.2% in May as ECB prepares to raise rates