inflation

Risk assets continue to face a challenging environment as Federal Reserve officials take incremental actions to tighten financial conditions.

CPI inflation data exceeded market expectations, maintaining a near 40-year high of 8.3% as bitcoin falls below its $30,000 line of support.

Data analyzed by the Turkish Statistical Institute shows hyperinflation reaching as high as 105% for transportation costs as the Lira continues to diminish.

The Federal Reserve raised rates by 50 basis points on Wednesday in its latest attempt to curb inflation in the U.S.

In Bloomberg Intelligence’s latest report, bitcoin is separating itself from risk assets with increasing HODL behavior and historical patterns suggest a mild down-turn.

Contrary to popular belief, value cannot exist without an evaluator. Bitcoin has both objective and subjective value which is only starting to be recognized.

Bitcoin critics like to claim its failure every time there is a major price drawdown, but a true representation of the network proves otherwise.

Mohamed El-Erian, Chief Economic Advisor for Allianz, took an interview with CNBC to discuss the rising price of bitcoin, inflation rates, and possible recession.

The Consumer Price Index hit an elevated rate of 8.5%. The addressable market for an immutable asset like bitcoin with its limited supply is above $100 trillion.

Bitcoin decoupled from the Nasdaq to denote a 2.7% gain as U.S. inflation numbers recorded a new 40-year high.