Bitcoin The United States government just released the latest CPI data, indicating that inflation has finally begun to ease following several consecutive months with record-setting numbers. As with previous examples, the price of bitcoin reacted almost immediately with a surge towards $24,000. Ever since the start of the year, the inflation numbers from the US have impacted BTC’s price since the cryptocurrency is considered a widely riskier asset. For several consecutive months, the US had to announce record-breaking inflation percentages, with the latest in July being at 9.1% – the highest in over 40 years. However, due to the declining […]