Tailwind

The main U.S. inflation rate surged last month to its fastest in three decades, according to a Labor Department report Wednesday that’s being viewed as a positive for the price of bitcoin.The Consumer Price Index for all items rose 6.2% in the 12 months through October, the highest since 1990. Economists had projected an increase in the October CPI of 5.9% over the past 12 … [Read more...] about US Inflation’s 3-Decade-High Surge Provides Tailwind for Bitcoin