🚨 US Inflation Rises 2.4%, Bitcoin Stagnant at $109K
US Inflation (CPI) for May recorded a 2.4% YoY increase, in line with analysts' projections. This increase is largely driven by tariff policies implemented by Trump, which have put pressure on goods prices.
Nevertheless, retail demand has decreased, making it difficult for retailers to raise prices without a significant impact on demand.
On the other hand, the price of Bitcoin (BTC) remains stagnant at $109,000, with trading volume down 11.69% in the last 24 hours.
🔍 What is the impact of this inflation on the crypto market? Share your thoughts!
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