Underlying inflation gave crypto a bounce, but only bitcoin held up this week
The crypto saw modest bidding on Thursday after Wednesday’s inflation report showed underlying price pressures remained contained. Bitcoin rose about 1.9% over 24 hours to around $62,600, leading the majors, according to CoinDesk data. Headline inflation rose 0.5% on the month and 4.2% on the year, the fastest annual pace since April 2023, but energy […]
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