Get the App

Scan with your phone to download. 35,000+ assets in your pocket.

App Store

The global leaderboard of wealth: $1.2 Quadrillion of Assets ranked by Market Cap

Crypto

Wholesale inflation is back in focus. Here’s what PPI means for your money and Bitcoin

By cryptoslate.com · · 1 min read
Wholesale inflation is back in focus. Here’s what PPI means for your money and Bitcoin

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 to

Read the full article on cryptoslate.com

Comments 0

No comments yet. Be the first to share your thoughts!

← All News articles