Bitcoin was designed as a hedge against inflation, but every hot inflation report in the past year has knocked its price lower, and Thursday’s data was no different. The Producer Price Index rose 1.1% in May, lifting the annual increase…
Bitcoin was designed as a hedge against inflation, but every hot inflation report in the past year has knocked its price lower, and Thursday’s data was no different. The Producer Price Index rose 1.1% in May, lifting the annual increase…