As per the latest data on Consumer Price Index (CPI), cryptocurrency proved to be a big winner, particularly Bitcoin. This remarkable jump in cryptocurrency prices strongly suggests crypto’s potential as a hedge against inflation. Investors are turning their eyes towards these digitized assets, further fueling the surge. Notably, Bitcoin has seen a tremendous upturn, bolstering its status as the ‘digital gold’.
This CPI-driven rise provided a fresh breath to the crypto marketplace, re-emphasizing the critical place it holds in today’s investment portfolios. Stay tuned as we continue to monitor the crypto space and provide impactful, data-driven insights. Read More
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